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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUF

Purepoint Uranium Group Inc. is a resource company engaged in the acquisition, exploration and development of properties for the purpose of producing uranium. Its flagship project is the Hook Lake joint venture with Cameco and Orano, and the Smart Lake joint venture solely with Cameco. Together with its flagship projects, the Company operates nine advanced projects within the Athabasca Basin in Canada. 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 Company also holds the VHMS project, which is optioned to and strategically positioned adjacent to and on trend with Foran Corporation's Mcllvena Bay Project. The Hook Lake Project is located approximately 75 km south-southwest of Orano Canada Inc. The Smart Lake property includes two claims with a total area of 9,860 hectares situated in the southwestern portion of the Athabasca Basin.


TSXV:PTU - Post by User

Bullboard Posts
Comment by MLEMCon Aug 27, 2006 1:04pm
173 Views
Post# 11279102

RE: It's subtle but the strength is there

RE: It's subtle but the strength is therecan you have a mine without an alteration halo? yes, but probably not a uranium mine. lol. The point is this... have the halo is kewl... ( but you have to remember that Radon exists just about everywhere and can cause the same halo. ( I lived in Virgina where is was normal that as a condition of real estatre sale, you had to get your basement radon gas tested).. anyhow... the point was halo does not equal a mine, but 12 hot holes out of 12 drill target, well that make an interesting fraction, does it not? How much money does PTU still have in the till? Figuring that one out may help in understanding when the next PR push will be.
Bullboard Posts