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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Larry Meneely who wrote (848)9/3/1998 11:45:00 AM
From: Jesse  Read Replies (2) of 2514
 
Hi Larry and Osprey, and all! [Co. update to follow] -- I am around a lot less during these hot summer months. Please endure my delays in responding. :#)

I've queried Mr. Boulay regarding the FAQ document, and have been told that he's just been too busy to finish it properly. -Instead, the information will probably fit into an update of the Marum web page. ...
Folks, while I'm also eager to read the piece, its delay may be a blessing, since the ADP (among all junior resources), in terms of timing, is currently being viewed from a rather distasteful perspective. -Nonetheless, the paper will come, and I expect it will be an informative & healthy one for the very real ADP. Stay tuned.
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Further from Marum president Rick Boulay,
Marum is currently very busy finishing their processing from the June sampling program which covered an area of 800 square km containing some interesting anomaly sets. Progress is steady and they will release the results when they are completed. The Pinhorn project (southern Alberta) is not on hold but is on slow speed due to Marum's allocation of all of their efforts on the Chinchaga project.
Marum insiders have put money into the company to keep it in trim, debt free, and ready to explore in the most productive way possible.
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Regional activity: I hear Mt.Hope (MH) is presently sampling in the area on their Chinchaga properties, adjacent to MMU.
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Market conditions have forced a highly cautious & scrutinizing approach by all resource juniors. Marum has been, and is, practising intelligent tactics. MMU is debt-free -- imperative in these markets. Marum Resources' prospects remain very positive, just not general market perception right now.

Best Regards!
-j
:>
Marum Website: marumresources.com
-ps,
Other ADP participants, such as Troymin (w/ industry giant Monopros as the operator) who reportedly recently finished their airmags with some attractive anoms, will help to re-ignite this play as they prepare to drill.
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