MARUM RESOURCES ON ALBERTA Message Board

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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: average joe who wrote (992)	11/14/1998 9:05:00 PM
From: Mr. Oil	Read Replies (3) of 2514

Thanks for you comments AJ. I do respect the contrarian point of view because I like all others can have blinders on without knowing. I will offer this in response to your very good points. 1. They don't have kimberlite....true. They are at the beginning of their search. This play is at a different stage than WSP or ACA or even MGJ who recently found Kimb. MMU is looking for it and have found "indicator materials". This should be understood as a good first step. This means that they "may" find Kimberlite soon. This is why the stock can be purchased at .10 and not .50 or $2.00 or more. This is why they are so leveraged to success. If they do find kimberlite, on sites outside of Astons land with little overburden the market will move up sharply on this stock. I don't invest in companies because they have kimberlite. I invest in companies which have the potential of moving up sharply with good success. I think you really have a similar agenda don't you? 2.MMU is noticing a possible physical indicator which may help in identifying Kimberlite pipes in the future. They have not said wilting Aspen trees do for certain indicate kimberlite pipes in all cases but may indicate and are adding the information they collect to the data base of information on kimberlite pipes in Alberta. This should make you happy, because if they can find kimberlite you and all of us will like them much more right? 3.Piggy backing an other jv's is helpful in diversify their portfolio. This is just like you and I who don't put all our funds into just one stock. To do so gives you the best opportunity for the greatest gains but also exposes us to the greatest risk. Hence most of us diversify. MMU is doing just that by jv,ing some of their land portfolio. I think it is a wise investment practice and I personally applaud them for manage their risk. All publicly traded companies do that Joe. That is how you an I can buy into the company. They spread their risk and we share in their growth. I think it hypocritical to buy stocks in a company and then bash the company for in effect 'selling shares'. Anyway these are just my thoughts. Thanks for provoking them. Take Care. Ray

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