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- Monday's Monster Stock (Feb. 5)
Monday's Monster Stock (Feb. 5)
Gold isn't going anywhere š§
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What's on our radar this week? (Feb. 5)
š High-grade gold across multiple zones
Cashed up for drill program š°
šPrime location near other gold discoveries
Do you know much gold exists in the world? Iām talking how much gold has ever been produced by humans.
The answer might surprise youā¦
Only about 244,000 metric tons have ever been produced. See image below.
Btw - if you want to learn how much gold there is left to be mined, click here.
A 20 square meter cube is all weāve ever found
So when a company makes a real gold discovery, itās a big deal.
Early results are suggesting that this Mondayās Monster Stock, Puma Exploration, is on the heels of a new gold discovery zone in New Brunwsick, Canada.
šÆ Why Puma Exploration Stands Out:
High-Grade Gold Discoveries: Newly discovered Lynx Gold Trend on Pumaās Williams Brook project has a potential strike length of 12km & high-grade results (visible gold) at depth. 2024 will be a big year proving the size of this discovery.
Leadership is top-notch: Puma raised over $4.3 million in 2023 via CEO Marcel Robillard & is consistently updating shareholders on the progress through regular news, events & updates. Click to read their recent news: https://www.explorationpuma.com/en/news/#2024.
Clear & ambitious plan: Drilling in February will aim to validate the strike length & depth of their gold discovery, and continue to test recevoery methods to ensure mining is economical at their Williams Brook property.
STOCK MONSTER FACT
Canadaās history in gold is deep. The Abitibi Greenstone Belt, straddling the border of Ontario and Quebec, is one of the world's largest mineral-rich areas and has produced over 190 million ounces of gold since the early 1900s.
ā ļøPotential risksā ļø
Geological and Exploration Risks: Itās still very early, and Puma needs a heck of a lot more drilling to prove up this deposit. But if they can get it done, stock price will follow.
Junior mining is taking a beating: The whole industry is in shambles. It seems a junior mining company could release the best news in 10 years and the price would drop. Buy low, right??
POV: Every junior mining company right now
This weekās pick: Puma Exploration Inc. (TSXV: PUMA)
The Lynx Gold Trend at Puma Exploration seems to be a new gold discovery zone in New Brunswich and if Puma Exploration can prove their theory, you can bet on the market will notice.
Price is low, potential is high.
Current Stock Trading Details:
Stock Symbol: TSX.V: PUMA
Stock Price: $0.115 (as of Feb. 5)
Market Cap: $17M
š Colton, Stock Monster
P.S. Want to view our previous Monster Stock picks? View them here.
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This newsletter is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions. We have not been compensated in any way for this pick or content; we genuinely just like it, and because of that, we likely bought shares, assume we own it.