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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 buyholdsell002on May 14, 2018 12:42pm
185 Views
Post# 28027321

Told ya so! lol

Told ya so! lolDidn't even get to 9/9.5 cents this time! lol. Back down to stagnant territory and the 6.5 cents range (will go lower this time too). Purepoint is on their own agenda set by their partners...remember when NexGen spent $100 million to drill the heck out of their property to prove up the reserves....aint going to happen here. There is no rush to do that here. Baby steps, baby steps. They confirm in the news release it is the same corridor/mineralization as the neighboring properties....so my question is...if that's the case and you know its there...why don't they spend $50 mill to do so....Answer is they don't want to, plain and simple.
Bullboard Posts