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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 wolfe0001on Jan 24, 2017 3:22pm
251 Views
Post# 25748707

yes our 27% will be worth more

yes our 27% will be worth moreI bought  because I think PTU has highly prospective ground  and it is pretty likely Harpoon and Spitfire are connected
When Cameco takes out NXE for the Arrow deposit, I suspect Harpoon Spitfire will be next
 There will be a share price pop when NXE does RE2 to watch for over the next month or so
I will sell a bunch of PTU -  hopefully in the mid 20's then or this summer on drill results speculation and be sitting risk free on my remaining shares hoping for a big hit or continued increase in uranium prices -- Thats the plan and hopefully it works.
NXE has an unbelieveable resource in Arrow from all the research I have seen from a lot of highly credible posters  on another and better board and you should pick up some shares if you have not already. MGA is an arbitrage play if you like the discount.
Bullboard Posts