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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Jesse who wrote (832)8/4/1998 2:46:00 PM
From: Leigh McBain  Read Replies (1) of 2514
 
With respect to the "compelling data", I would concur with Jesse's response. This information is not made available for general consumption and they are not out looking for partners, as they already have some, in Carib and Micrex. If they were to JV the property off to a major at this point, what they would get for it would not be reflective of it's potential value, assuming that all these wonderful indicators are actually indicative of success.

I have had no indications, in my discussions with either of the companies (Marum/Micrex), that the Airborne is being considered particularly difficult to interpret. As a matter of fact, all indications thus far, have been that they are very happy with the data received and their ability to interpret it. I assume from that, that they do not feel there are other particularly likely causes for the signatures that have been encountered. As I said, however, this is an assumption from the mood of the conversations I have had, not a direct answer to the questions posed. Hopefully Rick will be able to answer them more precisely.

Salut,
Leigh McBain
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