OMG Mikey, give me some...PUMA drills one of the best Gold intercepts in NB over the past few years and SXL just hands over adjacent claims...
To earn a 100% interest, Puma will make the following payments to SLAM:
(a) $15,000 cash and 250,000 shares of Puma upon receipt of TSXV approval of the Agreement.
(b) $25,000 cash payment due upon a Positive Preliminary Economic Assessment;
(c) $50,000 cash payment due upon a Positive Feasibility Study.
(d) $100,000 one-time cash payment due upon reaching Commercial Production.
$140K in shares and cash and no mention what their New REE claims cost to stake.
Shareholders/PUMPERS claim these guys have muliple land holdings that each could create their own Co. and yet Mgmt just unloaded this one for pocket change...
Apparently they would rather chase Mennevals weak results(with their bountiful treasury) than drill next to PUMA.
Do your DD on this one!