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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 Mar 19, 2018 4:37pm
97 Views
Post# 27742344

RE:RE:RE:RE:RE:The Catalyst

RE:RE:RE:RE:RE:The CatalystI think so as well PP. I doubt very few people jumped on this the end of 2016 and through 2017 thinking that PUMA was going to give up 75% of MB for the buy out fees involved and given trading since March 2nd the general market seems to hold the same opinion. I certainly would not have bothered. However as noted by Nighthawk that is the deal that was made. Ultimately it could lead to far greater things and hopefully it will. At this point .20 - .30 would be welcomed and you are right . . . it is far superior to what you would have made with the banks over the same period :). 

Having said this given the current price it is a great opportunity for anyone new to get in on as they will know exactly what they will be getting and the share involved. I would also expect there will be little, if any, dilution in 2018 as they should have enough in the till to finance drilling programs that we will need to see in order to get this going. Perhaps those of us who are already in feel a bit tainted but logically if it is good for a newby then the same holds true for those already in, especially those who got in 2017 at or around .07-.08. 
Bullboard Posts