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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUF

Energy
Purepoint Uranium Group Inc. is a uranium exploration company focused on precision exploration of its projects in the Athabasca Basin. The Company’s flagship project is the Hook Lake, a joint venture with Cameco Corporation and Orano Canada Inc. Together with its flagship project, the Company operates nine projects across 222,423 hectares (ha) of claims throughout the Athabasca Basin. Its projects include Hook Lake Project, Smart Lake Project, Red Willow Project, Turnor Lake Project, Henday Project, Carson Lake Project, Russell South Project, Tabbernor Block, and Tower Project. The Hook Lake Project resides along-strike and adjacent to two high-grade uranium deposits and consists of about nine claims totaling approximately 28,683 ha, including the Spitfire high-grade discovery. The Smart Lake property includes two claims with a total area of about 9,860 ha situated in the southwestern portion of the Athabasca Basin, approximately 60 kilometers south of the former Cluff Lake mine.


TSXV:PTU - Post by User

Purepoint Uranium Group Inc
Bullboard Posts
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Comment by thankalmatyon Apr 19, 2006 11:34am
327 Views
Post# 10708879

RE: Analysis of PTU News

RE: Analysis of PTU NewsAgree. This board has yet to find the sweet spot between bashing and cheerleading. The reaction to yesterday's news (the downdraft) i still find a bit confusing, even though the firmness in the price today suggests the market views the news as positive. Perhaps there there was a bit of "sell on news/buy on rumour" going on -- or not enough independent people to validate how 'good' the news really was. Blackmont was in at the low-40s, so they were still looking at a nice gain even though they were selling (to us) at a bargain price.
Bullboard Posts
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