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Message: Re: ...copper supply dwindling

Mar 09, 2012 10:19AM

Mar 11, 2012 08:40PM

Mar 11, 2012 08:42PM
3/12/2012 10:59:03 AM | | 24 reads | Post #30796334

If I understand your question I started out deciding I wanted to invest in silver cos. exclusively and I wanted junior cos. where there would be more upside. I found Puma where the results seemed good--this is back before they started reporting a lot of gold--but I was concerned that the deposit was thin., as, I guess certain parts of it are. It also concerned me as a novice that I didn't see it appearing on the lists of silver miners that appear on popular web sites. Finally, as I saw the stock continue to rise, and briefly after I started communicating with you on this web site, I sat down and tried to do a resource calculation. You have to understand that I have no idea how that is done but I scrapped together as much evidence as I could from their web site and concluded 200 mil eqiv AG ozs was a possibility on the upside. Then you came out and said there was a possibility of 150 mil oz of AG using only 3 mil $. That's when I jumped in but was still uncertain (and still am somewhat), thus all the questions. I have been reassured by comparing PUM's long term chart with other cos. developing a resource. Despite 2008-09 it compares VERY favorably except to cos. that have made a spectacular discovery. I think that there is so much uncertainty in the space that it is hard for investors/institutions to invest where there aren't a lot of drill holes; but once they start to drill, PUM should begin to get the recognition it deserves. Ganja


Mar 12, 2012 01:54PM
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