Exec permissions on a thumb drive

[Brian Hawkins]

I have a thumb drive that is formated fat32.  I use it to keep personal
projects on that I move between Linux and WinXP.

>From my linux box (FC6) when I try to run a program that is on it, that I
just compiled, I get a "Permission denied" error.
I have a feeling this has something to do with how my computer mounts the
thumb drive.  What can I do to fix it?

Thanks
Brian