MEU 0.00% 4.5¢ marmota limited

Ann: March 2012 Quarterly Activities and Cash Flo, page-2

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    re: Ann: March 2012 Quarterly Activities and ... good summary

    few fires under the belt

    1. JD - specific mention of Positive Disequilibrium factor

    drill under way ( IMO will get 25mln lbs at 500ppm)


    2. Western Spur - drill will be in Q2.

    target 60-120mln tonnes at Fe50%


    very good chance this company mill be multiple of current MC in by end of the year
 
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