Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s): PTUUF

Energy

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.

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Purepoint Uranium Group Inc

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Post by laker46on Feb 06, 2007 5:35pm

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Post# 12174934

Re read and Think about the NR.

At this juncture the Company intends to complete the surveys currently in progress and finalize the analysis of the data gathered in order to produce a highly precise and decisive follow up drill program. Over the next 14 months Purepoint intends to commit $3,000,000 to the completion of these interpretations and the design of the resulting drill program. Long and strong on this one.Patience patience and more patience.CCO knows what they have or they would not have signed a JV with ptu. RIGHT????????????