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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA
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To: zedex who wrote (1182)2/12/1999 11:03:00 PM
From: WWS  Read Replies (3) of 2514
 
Bruce, so far Marum hasn't even found kimberlite pipe, much less microdiamonds, much less macrodiamonds, much less a diamondiferous pipe economical to mine. According to the link below, just 10% of known kimberlite pipes are diamondiferous and less than 20% of those with some diamonds will prove even marginally economical. Given these odds I'd be interested in learning why you think that Marum has actual steak and not just sizzle. While I'm long MMU I consider my investment "highly speculative" at present. Best Regards, Bill.
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