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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
Post by pumpbusteron Sep 15, 2008 7:14pm
390 Views
Post# 15458069

oh...my....gawd.......

oh...my....gawd..........did we ever take a azz  whuppin'  today eh guys. I would turn out the lights but I'm bag-holding with both hands...one for the worthless certs and one for the barf......lol.

Not to beat this thing to death but PTU has been in trouble for some time as most of us know and today is a good indication of what support there is for the stock..........sweet FA.

I'm sure anyone buying at these levels might get a bounce at some point if you have a little mad money kicking around but for the rest of us in at higher levels....we're done.

Some support from the insiders would be nice and a little damage control would be in order considering the total capitulation of the stock.....but I won't hold my breath. Hasn't happened yet and don't expect it to start now.





Bullboard Posts