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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
Comment by Winwarrioron Sep 17, 2017 9:07am
110 Views
Post# 26706203

RE:RE:RE:RE:RE:News Update

RE:RE:RE:RE:RE:News UpdateI suspect their plan will evolve as they get a better sense of what they might have. To sell too early might leave lots of money on the table, but if results continue to confirm the viability of this asset they likely will be presented with sell options so the tension will be between taking what is offered or continuing to explore to fully understand the commercial value and then making a decision to exit or to become an operator. As you state interesting times but my sense is that there is lots excitement in this team given the possible options they are weighing. I will be keen to see what the bid and ask looks like on Monday. I doubt we will see a huge jump but I do believe the pressure is now to move up to a new level of support. I guess in 24 hours we will know.
Bullboard Posts