MARUM RESOURCES ON ALBERTA Message Board

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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: lucy who wrote (379)	4/2/1998 12:02:00 PM
From: bill	Read Replies (2) of 2514

5,000 bid at 24 2,000 ask at 25 8,000 shares traded today Just about no volume but the price is holding up. That's a good sign. The stock has been creeping up a penny or so on volume and is holding when volume drops off. Sellers aren't eager to get out. The chart looks good but, of course, this is a drill hole play so results will break the trend line in either direction. Investors are always impatient about results but if you've followed other diamond plays you'll know that analysis takes time. There was a long wait for ACA results. I don't know where they're having the analysis done but wherever it is will be busy with material from other companies as well. The analysis doens't go any faster or slower because of investor anxiety. I agree that it would be nice to see the stock creep up into the thirty cent range on expectation. It would be a nice base for a run on good news.

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