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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 Sep 21, 2010 6:04pm
464 Views
Post# 17476207

RE: RE: AGM Thur Sept. 9 @ 10 AM

RE: RE: AGM Thur Sept. 9 @ 10 AMthanks for that update investclub....much appreciated as always
a couple of quick questions - the 2 years worth of cash you mentioned: does that include drilling, or just operating costs to keep the company lights on
second, did they make any mention as to when they'd start drilling again?  Or perhaps they want to secure a partner before that to limit cash burn?
thanks
Bullboard Posts
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