Puma Exploration Inc V.PUMA

Alternate Symbol(s): PUMXF

Metals & Mining Gold Industrial Metals & Minerals

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

Puma Exploration Inc

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Comment by Winwarrioron Mar 26, 2018 3:01pm

84 Views

Post# 27783485

RE:RE:RE:RE:RE:RE:MB deal

Seems there was some insider action within the last couple of weeks. I suppose they may have wished they waited but still a reasonable purchase I think.

My suggestion would be to calm down . . . and get mad . . . but to focus your anger on the opportunity cost last year served up when the stock started and finished the year at about the same value. You can now get into this for the exact cost of last year, but as I mentioned before those getting in now have a darn good chance of seeing upside, not likely the upside many of us were looking for this time last year but still the potential for a pretty good 6 - 9 month return appears to be present.

Here is what we know:

1) PUMA now has some cash to invest in exploration on and around MB. They should not have to go out to the market this year for more monies based on the split they have with TV for carrying out this exploration. That is not bad

2) PUMA will not need to come up with any more money to secure MB . . . of course they will see less as a result should it go into production but still they could amount to a pretty nice revenue stream

3) If I am close with my estimate on when the paper involved should be signed and all the T&C's completed we are now 2-4 weeks, so it really could happen anytime

4) When it does I would also expect PUMA to share news on their plan to explore at and around MB

5) Assuming that drilling can start mid to late May results will start to come in mid to late summer and I would hope by early fall share price to reflect these results and also - what we hope will be positive action by Trevali to move MB closer to being mineable . . .

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Mar 19/18	Mar 14/18	Cordick, Arness William Ross	Direct Ownership	Common Shares	10 - Acquisition in the public market	15,000	$0.085
Mar 12/18	Mar 12/18	Cordick, Arness William Ross	Direct Ownership	Common Shares	10 - Acquisition in the public market	20,000	$0.085
Mar 12/18	Mar 9/18	Cordick, Arness William Ross	Direct Ownership	Common Shares	10 - Acquisition in the public market	4,000	$0.090
Mar 12/18	Mar 9/18	Cordick, Arness William Ross	Direct Ownership	Common Shares	10 - Acquisition in the public market	46,000	$0.085