cyan, as all junior"s start off with a game plan not sure what avenue PUM well follow. Sprott is sitting with 5 million warrants at $0.30 which would keep the share float = and add $1.5 million to treasury. In past conversation with PUM it was my understanding a PP would be done at higher prices trying to keep the share float down adding to share value. Puma has other options beside a PP as the Little Stull Lake gold property in Manitoba could be used to fund the ND and Turgeon by taking on a partner over there . PUMA could also partner either New Brunswick site as apparent interest has been showen. Yes i agree doing the goe/phy ground work is the right way to go uncovering these potential lenes. I see the shares sitting in strong hands which gives PUm some strong confidence..without prejudice Traps7