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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUD

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
Post by ashcakeon May 06, 2008 10:35am
519 Views
Post# 15041882

Partners

PartnersI find it troubling that Chris has had to turn to Asia to find potential exploration / investment partners. With all the "potential" they may have with their drill ready properties I find it amazing that no other mid cap or existing producer wouldn't want to partner with them on some form of farm-in basis? 7 wholly owned drill ready properties all on safe Candian soil. Doesn't compute with me/? Anyone care to comment?
Bullboard Posts