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

To: Jimsy who wrote (1312)	3/6/1999 4:10:00 PM
From: Jimsy	Read Replies (1) \| Respond to of 2514

Jesse - one thing about Marum is that if they find anything promising in the way of kimberlite more targets indicators etc, they aren't likely to keep it quiet as I expect they would be looking for a share price increase of a major step up to do financing to carry on, or to attract a major to jv with them. In either case, maximum exposure of info would be my guess to get the ball rolling. I expect if they find any kimberlite pipes this coming week, Marum will be knocking on a few doors at the PDAC to get some jv interest. Companies like Euro/FrancNevada with lots of cash would leap at a good prospect if it develops. I remember well in early 1994 when this resource industry got in the tank, and nothing happening, then the next January/February Mountain Province discovered a kimberlite pipe, bout a month later, we knew it was diamondiferous, and all hell broke loose. That was essentially what got the junior resource markets going again. I had only 10000 shares of MPV, but although I got taken out on a sell stop early on, the stock went on to $9. Now Mountain Province has Monopros/DeBeers as a jv and lots of drilling pipe sampling to see what may be economic. So anything is possible, and just when you think the junior resource market is going down for the last time, something seems to come up and surprise us. Well, lets hope for Marum to have some good drilling results. The targets certainly look interesting, and we do know that Alberta has diamondiferous pipes.