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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Jesse who wrote (980)11/12/1998 6:02:00 PM
From: Mr. Oil  Read Replies (2) of 2514
 
For yours and others information. I received an email from Rick Boulay on Tuesday in answer to a couple of questions. The company is not expecting Carib to make any further investment in the joint holding with MMU for "corporate reasons" what ever that means. The good news is that they have someone else lined up to pick up the ball and complete the next drilling program with out any further dilution to MMU stock. Yes! We are going to see a continuation of drilling this year.

That is good news number one. Number two is they are expecting to have about 10 primo targets in one area. This will mean that the cost of drilling will be modest. Timing? In a few weeks. (My Father used the term 'few' with me and I never did know just exactly how many a 'few' was. Any conjecture?) Anyway there is likely going to be a private placement later on to cover overhead and corporate expenses. I am very confident that with a continuation of drilling on the 'primo' targets they have identified we will see a nice move up in value. When they bring up some of that Kim stuff, the kind that turns Bill's Kimb poodles wild, (great idea Bill), watch out. What is that yapping sound I hear?

Ray the Reaper
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