Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mr. Oil who wrote (1136)	1/4/1999 5:14:00 PM
From: Jesse	Read Replies (2) \| Respond to of 2514

Hi Folks! I see a lil more MMU interest is startin' to show. -- Heehee, I like your disclaimer, Ray: "Disclaimer. I have bought and sold many times...usually at the wrong time. Anything you read from me could actually be taken as good recommendation to do the opposite with surprising results." Don't sell yourself short, m'friend! ;) ---- Yep, looks like more anticipation is comin' into the market for MMU. -- We should soon hear of any new Marum JV partner/s for the Chinchaga (in part to JV finance Target'7' drilling, I believe). I think also Marum will be hearing more back from the lab(s) re. ground samplings leading up to the coming drilling. Next, w/in a couple weeks, we should hear of drill programs' mobilization, wherein the three target areas (across two regional clusters totalling ~ten targets, as well as the Target'7' from last year's auger drilling) will be punched: -some reconn, some full bore... (my guess-- take it w/ caution!). ---- Recent Marum NR excerpts: Dec.22/98 Marum Resources has filed an application for drill permits on selected targets in the Chinchaga area of northwestern Alberta. The permit application specifies one standalone drill target and targets in two nearby anomaly clusters. Up to 10 targets will be drilled under the current application, with drilling operations planned for mid-January. Advanced discussions are currently under way with a joint venture partner to finance the drilling program that will take place in an area of magnetic, geochemical and seismic interest. Dec.9/98 Samples from another sampling program, oriented to several clusters of pipe targets, carried out by APEX Geoscience of Edmonton in October, were submitted to Saskatchewan Research Council for analysis. Results are expected soon. The APEX sampling program included down-ice and downstream sampling from a large, distinct seismic anomaly consisting of a noticeable vertical disruption in a seismic profile. The seismic anomaly lies in a cluster of magnetic high anomalies which are themselves drill targets based on independent magnetic and geochemical data. Overburden is thin to non-existent. The information has been used to prioritize magnetic anomalies directly upstream of the samples as pipe targets. ---------- Must run -- Best to all for '99!! Sincerely, -j :> Marum Website: http://www.marumresources.com