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Message: Investor Relations -- Clean readable releases

Good to see that PUC is off to another rip roaring trading day, some 18k at 17 cents so far even with over 300M outstanding share. The last NR on May 27 was about the most complicated text I have seen in a while, this usually happens when companies have news but management doesn't want to let it all out. In this case they try to say something about holes 1 and 3 but end up reporting nothing, yes this gets complicated when evasion is needed. Maybe its best that Campbell McCrary Amvest Capital is on to provide some assistance, at least maybe sentences stand a chance of being readable. 

Could be the evasive double talk is directly releated to what they didn't say, that usually gets writers in trouble as the reader intuitively knows something is missing but are unable to figure it out. In the discussion re holes 4 and 5 PUC restates prior gold value presented and adds the copper results to get a gold equivalent. As far as most readers know this is the end of data for these holes, not so fast. Based on prior releases hole 4 was drilled to 599.45m and hole 5 was drilled to 266m. The analytical results were presented for hole 4 from 66m to 182m and hole 5 from 56m to 237m. No results were released for 182m to 599.45m in hole 4 and for hole 5 for 237m to 266m.

Seems the bottom parts of both holes, 4 and 5, did not warrant comment. Also from the news release, comments about "massive sulphides" were not mentioned, this despite the company highlighting the massive sulphide in prio releases and presentations. The copper mineralization reported with gold values hardly exceeded 1% which does not meet that required for massive sulphides which is generally reserved for copper/lead/zinc deposits where the sulphide content could exceed 15 to 20%.

Maybe its really better for PUC to have a independent IR company.

MH

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