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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 14, 2018 9:40am
86 Views
Post# 27556711

RE:RE:RE:RE:RE:RE:PUMA at PDAC 2018

RE:RE:RE:RE:RE:RE:PUMA at PDAC 2018I took at look at trading patterns leading up to the Oct 13th, 2016, Puma annoucement regarding the acquisition of MB and then compared it against what we have witnessed this past couple of weeks. You might be right that a NR could come out before the 28th. Perhaps next week we will get an update and I have been thinking the same as you that this news could involve a partnership versus asset sell model. The January symbol change, reference to being a mining versus exploration company plus the fact that the PEA - which has not been released but likely redeveloped at least on a high level - especially given the gold finding - "160 meter drill intersection of 2.0 g/t Au, including 3.02 g/t Au over 25 meters" - that was significantly higher than past estimates. With the trenching comment from December that PUMA had discovered two new areas of interest - that might allow for an open pit versus underground removal process - then perhaps they do not want to sell off but participate as a developer. Really who knows though . . . 
Bullboard Posts