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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (385)	4/2/1998 2:14:00 PM
From: Famularo	Read Replies (2) \| Respond to of 2514

Are they drilling now? It is my understanding that they start drilling next week? Any truth to this?

To: Rocket Red who wrote (385)	4/2/1998 2:43:00 PM
From: bill	Respond to of 2514

I didn't mean to imply that nothing was cooking? I expect there's a great dealof analysis and decision making going on at MMU, CG. Since we don't have insider access, it is hard to draw conclusions from what is observable. I'm simply watching the chart. TA is no good with penny stocks for any long term but I find it helpful short term. At the moment, the chart looks good. If price and volume hold fo the rest of today, we could see 30 cents tomorrow. The volume so far is only 67,000 which is about average. It may be enough to hold the price at 26-27. I appreciate your giving market depth. Since you have access to market depth, could you also check CG and Micrex. If market depth is building for CG as well MMU, then we've got confirmation that someting positive is anticipated. If the bids are building for MMU and Micrex, then we know the action will be there. The difficulty with reading CG/MMU is because they are both jv'd with other companies. In the past I've found it useful to watch the jv price action. If only one moves, then it may be because of some other property. If they both move together, then its likely the joint property. Since I've taken a core postion, I'm now looking for a trading position.I don't want to move on a trading position too soon or too late. Too soon and I've got a long term hold or a loss. Too late and I miss the easiest profits.