On Track for a New Mine

Discovery and development of precious metals - New Brunswick & Manitoba

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Message: Puma caught in a trap
seems like National and Ano are determined to keep the share price down for what ever reason..Follow the trading action and one well notice this, since the last few months. Just thinking out loud here, and looking at PUM last release of 230 feet of 1.5 % copper x 2 structures = alot of copper. Thats roughly ( please correct ) 13 lbs / tn ( 12 cubic ft )..Open pit mining cost vary but at roughly $ 15. a tn so at $ 4.50 per lb price PUM could see $ 45. gross from each tn. PUM current has two veins outcropping at surface and can be traced for 750 meters ( 2250 ft ) so alot of tonage here can pay good returns. PUM still has 2 other deeper structures of higher grade and as a by-product know cobalt which can add to the gross profit...There are Mills and two smellters near by. Looking at the large ipo anomolys this cat has alot of upside...PS' don"t let National & Ano tricks of boxing the share price sway you to sell at this cheap price...buy and hold. with out prejudice. Traps7

Mar 23, 2011 10:30AM
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