ganja50, if i can be so bold to say, the mining sector is one of the most corrupt industries out there unlike investing say in Wal-Mart where one can see by sales what to expect. Mining ( production ) can have daily breakdowns, short falls in Mill headgrade with high cost and active traders keeping your share price in the penality box. My thoughts here, i invest in junior exploration co.that have commodities in demand like copper, silver,gold and stay away from producers fighting their daily challenges. Puma upto 2008 had seen alot of drilling and a feasible plan to bring on some production but recall the World financial system melted down taking down the whole market with it. I follow 50 co in the mining sector and most are in the toilet with a few exceptions.The last PP with Sprott was spent on the ND claims which Marcel spent wisely in that alot of previous work like the VTEM highlites the 16 lenses so trenching and sampling is by far the cheapest and best way to proceed here first and make sure drill targets have potential rather then just drilling a hole the diameter of a pop can trying to get lucky. Some good projects get shelved because the drills miss the ore body. Channel samples are compared to drill samples for the most part such as the news on the Dante showing 75 feet of drill core over 100 gr like the channel sample so taking into consideration these measurments not having crosscut drilling one can still extrapolate some numbers as a guide. Puma "s land package next to deepsea port means location is good and being in the # 1 Province for mining in Canada is a major factor.The small share float held in tight hands means no hostile takeovers which is a positive so with good management Puma has a good chance to succeed. Looking at the current warrant list Puma could see 2.5 million in treasure this yr which would go a long way in drilling and in turn keeping the share float down. PS' i hope this helps you, also Puma has a interactive web site to send questions too. Traps7