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Puma Exploration Inc V.PUMA

Alternate Symbol(s):  PUMXF

Puma Exploration Inc. is a Canada-based mineral exploration company. The Company has a portfolio of precious metals projects located near the Bathurst Mining Camp (BMC) in New Brunswick, Canada. It controls more than 70,000 hectares (ha) of prospective land in northern New Brunswick. Its projects include Williams Brook, Jonpol, Portage, TIMM, McCormack Brook South, Carleton, Rocky Fault, Jacquet River, Ten Miles Pool Road, and South East Moose Brook. The Company's primary focus is its Williams Brook North property, located approximately 60 kilometers west of the city of Bathurst and accessible via a paved road. The Jonpol properties consist of approximately 204 claims near the Murray Brook and Restigouche deposits. The Portage Lake property consists of 118 claims and is located at the northwest contact of the former Restigouche mine. The TIMM property of 223 claims is located 10 kilometer east of St-Quentin and covers 4,840 hectares.


TSXV:PUMA - Post by User

Bullboard Posts
Post by 57161400on May 05, 2006 11:18am
148 Views
Post# 10802655

DRILLING

DRILLINGSpoke to a Board Member yesterday and I was told that they are planning to continue to drill through the summer. He also said that we can expect to be updated reularily. He expects more results to be available on a weekly basis. He would not comment on exactly how much drilling thy are planning but did say that the drills will remain turning as long as they are coming up with numbers like the ones they released. He feels the numbers released yesterday were good but as they define the structure further he expects BIGGER numbers. Give this a couple weeks and we will be soaring. Upcoming results are going to be similar to those yesterday. He also said that they were fine for cash for now but would be raising more later (late summer earlu fall). He said that he was confident that the PP would be at a 'substantially higher price than where we currently are' that being in the 40's. Cheers Numbers
Bullboard Posts