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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 Feb 11, 2018 2:40pm
59 Views
Post# 27541336

RE:RE:RE:RE:RE:Drilling Exploration Timing

RE:RE:RE:RE:RE:Drilling Exploration TimingThanks . . .  I was looking to see if they called out what degree they set their drills up. I did not see a reference to this but I did notice the term "down dip". Does this communicate that the hole involved was drilled not vertically but on some diagonal? Their results are really good. I believe one of the three holes we drilled in the last program was on a diagonal and it came up with some very strong numbers, especially involving gold. It will be interesting to see what a drill program might look like if they either announce the property has been sold off - I guess PUMA would not then drill - or if they have entered into some type of partnership where they might be the operator (hence the secondary info regarding the symbol change where they also changed their identifer from being an exploration to a mining company - not really sure if this was big deal or not) and so continue drilling with an intent to perhaps graduate to leading mine development and production. 

Trevali has 800 million share out, 4 times what we do, but they also have 4 producing mines, yet I think that if PUMA was to come back with a deal where they have partnered with a biggie, who will be putting up some cash, that this stock could not fly to mucher higher heights than any of us might be thinking is possible. 
Bullboard Posts