From RCI on stockhouse Marum board
The AGM (Marum's) went pretty much as the notice was written. About a dozen people, half insiders, half SH's.
Name was changed to Strikepoint Gold, officers re-elected. New auditors are MNP. Compensation continued to officers.
RB gave a summary of co history and Rice Lk area geology incl SGR's deposits and new finds which have increased grades about 4x. Called it the best new mine in NA.
RB said the deposits at Rice Lake can be called 'stealth gold' which geophysics does not see in most cases. He says structural features are the only way to find this gold. So as i said earlier, they are doing a airborne LIDAR survey this year, which is a laser survey of surface features. I aked if it was looking for outcrops which was sort of confirmed. I have the number of their expl geo and will call him to get a better idea of how well this works. Survey will also be flown over SGR claims to get surface feature match to deposits. Net cost to MMU should be about $120k.
SGR is considering an offer to continue with expired JV agreements and should reply within a week. Sounds like they expect affirmative response.
RB says thay have funds for the LIDAR and surface prospecting but not driling program. So will be doing a financing later this year. Details of that were not really discussed but RB says to notify him if interested. I would doubt a 10% con. deb. with current expenses looking pretty high but it never hurts to ask.
RB also said the news flow should be better this year. Other than geology he would not answer detailed questions about SGR operations such as 43-101 status.
RCI.