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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

Comment by woolcoon Jan 16, 2024 9:13am
124 Views
Post# 35828626

RE:There's no uranium boom

RE:There's no uranium boomJust a false statement.

Largest producer of Uranium in Russia....announces shortages to its supply for 2024.

Sprott ETF Uranium...80M  in cash looking to buy spot uranium...but finding it very hard to buy/access...as there is none....

France announces today 2B investment in nuclear, even Alberta getting into building nuclear reactors....world is going nuclear fast...its the solution to cheap and clean power....only solution.

Look at the price...its a rocket ship due to 

and.....you are right...lots in ground but due to radioactivity etc...it takes 10-20 years to go from decision to producing mine....under investment has almost zero new mines coming on in next 10 years.


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