Bobstock, although Puma has advance there mineral reserves from the 2008 43-101 done on the Hache area, questions were sill left wondering what was the source of the new skarns being found requiring aot of more geology work besides drilling. The Global financial melt down caused headaches for miners dropping all there share prices ike SGR and most are at their lows Puma raised capital to continue proving up there belive that a second source possible feed into the rbm fault contributing to the skarn effect leaving behind large contiuity of minable open pit ore. The ten holes now in progress well continue to expandthe Ray/Dante area wth the phase two deep holes targeting the Nicholas Denny Pluton with folow up Bore hole testing the deeps. Looking back prior 2008 the share float of around 45 millon shares had avaerage cost base over $ 0.42. A pp was done with insiders keeping the share float in tight hands followed by again a PP wth Sprott . The market usually sees tax loss sellin this time of yr which i think we are seeing as Flowthrough shares have a zero cost base going forward alowing one a gain above $ 0.0.. The share float is split among 3 holders holding more than 51% which allows Puma takeout protection and time to prove up the size of tte 10 k of continuity showing 16 anomaly with transfers faults between two more parallel structures for a total of 30kil of potential continuity. I think Puma if all warrants are exercised well have sufficient funds well into next summer with hopeful succesful drilling raising Pumas awareness to the public and and causing Xstrata sitting 5 kil next door to take a hard look at Puma which well lose the # 12 mine suppling alot of their feed source. Puma is in the drivers seat and requires time to pinpoint our destiney..PS: WELCOME aboard, sit back and watch Puma expand her resource with hopfl knock on the door asking for a takeout.without rejudice, Traps7
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