Puma Exploration Inc PUMXF

The possibilities

[Jonjo1975]

I have a small stake in puma with a nice average price.

This stock has been performing very well the last year and I wanted to get some input on what we can realistically expect moving forward in months to come because I would like to add to my position.

How high can we realistically go If the drill results are positive again and will the price keep rising?

any type of honest and neural analysis is welcome.

[snakeeyes18]

Hi Jonjo , I recommend recap on all the News announcements for this year . They have the discovery with visible gols and multible quarts veins with a definite trend pattern . They have only recently drilled into one of the areas where grab samples indicated gold. So far the results are really good. There will be more results soon , maybe this week  Other veins discovered are being drilled now

[stocksnbonds458]

Yes, if they can find 5M ounces by spring we can be north of $3.00, even as much a $4.00 per share Go Puma!

[snakeeyes18]

Where died you get these #  ???????????? Lets say they prove up 200,000 oz and with open pit cost of production $1200 oz. Leaves $600 profit/oz  times $200,000  =  $120,000,000 . # of shares today 83,000,000 $120,000,000 devided by 83,000,000 Price / share valuation would be $1.44 and that is with only 200,000 oz proven .I believe, potentially we are way more % million

[stocksnbonds458]

Nope snake, I thought the same as you and used the same math as you are until I was proven wrong recently. Just Google what junior exploration companies are paid per oz for their discovery. Its not what you think. On average in Canada its 40-60 dollars per ounce, I was rather shocked to find this out.

[snakeeyes18]

Maybeif  it's hard rock and 1-2 gr/ton This is a much richer find I believe and I,ve never heard od such low profit margins why bother being in the gold business if that was the general price. Visible gold at surface . definitely not  $40 /oz Remember there is power ,infrastructure roads and mills close bye . Still stand by my numbers Lets wait and see.  long and strong

[stocksnbonds458]

Snake, you are referencing profit margin. Profit margin relates to the Mining company who builds the mine, supplies the crushers, heavy equipment and processing facilities + supplies the manpower and infrastructure. Puma is an Exploration Company, they find the gold and sell it to the big conglomerates. The conglomerates pay the Pumas of the world an average $50-$60 an ounce for the discovery

[Blackpanther3]

Stock price will be $.75 to a buck come end of next week I'm holding strong my million plus shares . It's not a matter if we have gold anymore it is now how much and how deep grades come in . If they are amazing $1.25 grades great 1.00 grades good .75 cents . The big boys will be sniffing soon . 

[snakeeyes18]

Like I said, lets wait and see.

[stocksnbonds458]

we should be getting results soon