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


To: The Osprey who wrote (425)4/5/1998 11:57:00 PM
From: Jesse  Read Replies (2) | Respond to of 2514
 
You're welcome Doug! -- For any who didn't see this link at other ADP threads, here's a link to a story re. the AB diamond play in the Toronto Star:

thestar.com

Discussed is how little known Canada is for its true diamond potential, and particularly AB, where mining costs are less than 1/2 NWT.

-Notice how Yorkton is realizing the OB (overburden) issue, imo--
(I can't get to the link now, but I read it this morn)--
Ettlinger (& Leishman) of Yorkton Securities mention that new evidence has been discovered since their ADP recommendations, tho Ettlinger still stands by the basket, even though it may mean having to sit a while. I take this as a reference to the problems drillers have been having with the prohibitive depths of overburden, & magnetic sands/ gravels giving the mag anomaly readings.

Fortunately, MMU is not one of the ones experiencing such problems, at least not the OB, and hopefully not the other. These were already considered, part of their expertise, prior to drilling.
- - - -
---
So, hoping to see some news in the a.m., kids ...

Good night, and good luck.

-j
:>