Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by crabhouse8on Dec 02, 2013 11:19pm
264 Views
Post# 21962575

RE:RE:RE:wake up guys...

RE:RE:RE:wake up guys...Winr88 you make it sound as if they had a three month drill program last year, well for your information their down hole drilling began on or about Jan 15th, approx 900 or so metres were completed by February 15th, in the worst ground conditions in the basin, posted earlier by myself.  The drill crew was sent home for 14 day break and when they arrived back around March 1,  they were advised the job was finished and to start demobing the equipment. When that happens it does not look good for the drill company but word in the north is that it was not a drill company issue.  Drilling company completed two holes to a depth of approx 370 metres each,  which was unheard of in this area (posted earlier). No record of anyone getting past 210-220 metres previously or completing a hole in that whole area. So why shut down early?  No results were released until april or may and that was of no significance or worth reporting.  Let's see how much footage they do this year of the announced 5000 metres, hopefully all and it would be nice if they hit, but do not hold your breath, the closest edge of hook property is approx 7 kilometres away from Fis/Alpha find, that is a lot of ground. 
Bullboard Posts