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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUF

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

Bullboard Posts
Post by Import1on May 04, 2011 3:25pm
421 Views
Post# 18530569

Uranium will be fine!

Uranium will be fine!Comments from Warren Buffet (last weekend) and Bill Gates (yesterday) from the recent RJ Report:

At Berkshire Hathaway’s AGM last weekend, Warren Buffett was quoted bycertain blogs (e.g., The Inoculated Investor, NY Times Dealbook) asstating nuclear was a key part of the world energy equation and that itis not going to go away in the US (despite Fukushima). He was alsoquoted as saying that the Fukushima setback will be temporary
and the world should continue to develop nuclear power. Meanwhile, atWired Magazine’s conference yesterday, Bill Gates, investor in 4thgeneration reactor designer TerraPower, was just as positive, underlingnuclear’s unequalled potential with further innovation and investment.

The Big players know that uranium is here to stay and only small retailers are selling and getting fleeced!

GLTAL,

Import1
Bullboard Posts