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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (53348)11/24/2007 11:12:28 AM
From: UPTICK  Read Replies (1) | Respond to of 78419
 
Marcos, on PUM,

PUM has 39.5M shares fully diluted, 32% in APP,12% controlled by funds and 6.5% by management. So that leaves 49.5% or ~19.0M shares on the float of which 6.5 millions traded in the past 6 months thus being bought in the 0.35/045 range.

IN NEW-BRUNSWICK

In Nicolas Denys the two main lens are Haché and Shaft and there has been a production mine on those whit a shaft. and everything...Both lens are opened at depth...Haché is open pit mineable which would permit reopening the mine de-watering etc...and start drilling those depths at cheaper prices. They are doing a 43-101 res. calculations that will be publish in a month or so...They plan to have 5 million tons...They have in the order of 3 at the moment of good grade material as reported. I am confident they will reach 5 with the underground work. In any event I will meet them in Québec City next week at the EXPLO Conference (Chateau Frontenac) and I will let you know where they stand on that.

IN MANITOBA

At Little Stull Lake they optioned, %51 of a property, from Westmin, that contains 750,000 tons of 10.3 g/t Au ( 43-101 calculated). They have been drilling that prop. all year and should report on that drilling campain shortly. They secured claims in the extension of the Stull Lake prop.

All in all, promo is weak... but the properties are good. They told me they will be in a news letter that has 80000 readers in N-A. That should make them known...I have some shares and I will consider adding on a breakout above the ATH of 0.52 that will come prob. before Christmas. They will have to refinance in the 0.75 area.Hope it helps . Good luck from Riki to a guy in Brian's country. Tell your mayor that they didn't have to put their noses in a junior hockey club with your taxes...So long...I lived on Garneau (37) street for a while back in 1981/82...already a quarter of a century ago.

Have a good weekend.



To: marcos who wrote (53348)11/26/2007 10:16:47 AM
From: Julian Augustus  Read Replies (1) | Respond to of 78419
 
Puma! I didn't think that dog was still kicking. I bought a bunch in 1997 on the recommendation of Adrian Day, and it along with just about all the juniors got flattened after the bre-x mess and then the pog taking a dive. After some consolidations I think I have had about a 1000 shares of it (along with other junk like Samex and a few dead juniors) cluttering my pf for years. Maybe I will make some lunch money from PUM after all.