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TICKER: TSX.V:PVS DESCRIPTION: Puget Ventures Inc. is a TSX Venture Exchange listed mineral exploration company that controls the Werner Lake Mineral Belt, including the advanced stage Werner West Cobalt deposit, one of Canada's only primary cobalt properties, located in Northwestern Ontario. Puget is also currently exploring the Trout Bay copper-zinc property in Red Lake, Ontario.  Watch the BNN interview with Puget Ventures President Erin Chutter (8/20/09).WEBSITE: http://www.pugetventures.com/main/ Corp. Factsheet 2009 Corp. Presentation (1/6/09) Dow Jones Newswire features Puget Ventures (1/15/10) The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates. "Another company I like that's not in the gold space is Puget Ventures Inc. (TSXV:PVS). It has quite a small market cap. The company has a cobalt property that produced in the 1940s, and they still have infrastructure on site. Recently, they've raised money to go back and do some further drilling to increase their reserves and mine life. They could be back in production in a relatively short timeframe. One of the reasons I like it is that recently investors have been very interested in lithium companies and have bid up share prices of many lithium companies dramatically this year. I think Puget is another play on the same thing; Cobalt will be in increased demand for batteries as a result of the electrification of vehicles. There is actually twice as much cobalt in a lithium battery as there is lithium; and cobalt sells for roughly four times the price of lithium, so it's a similar play on the whole electric vehicle market." - The Gold Report Interview with Steve Palmer (10/27/09) |
