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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Comment by mr_speedwayon Feb 12, 2007 8:20pm

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Post# 12221127

RE: Argument PTU vs RSC pointless

Pointless to be sure. And here is another reason to stick with PTU... Look at RSC's chart with respect to its buildup to early May when it peaked at $1.75. Now compare that to PTU's from Sept/Oct. to present. Quite similar. So, if you are willing to hang on, I'm sure PTU will see similar movement to the $3.00 range, if not higher than RSC. Just an observation. MR_S

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