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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUD

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.


TSXV:PTU - Post by User

Purepoint Uranium Group Inc
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Comment by guido1077on Jun 11, 2008 3:15pm
305 Views
Post# 15173438

RE: Athabasca Basin Exploration Update

RE: Athabasca Basin Exploration UpdateI hope you're right Investclub...I think the poor stock price reaction is due to speculators hoping the company would release drill samples before the AGM.  I have to admit, I was hoping for this too.  They would have been smarter to issue no press release today and just mentioned these things at the meeting tomorrow.  The only thing that will move this stock now is a news release with successful drill samples.  I'll be at the meeting tomorrow so hopefully they'll tell us what we want to hear
Bullboard Posts
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