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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
Comment by investclubon Mar 09, 2011 2:56pm
317 Views
Post# 18260278

RE: RE: RE: RE: Rio Tinto

RE: RE: RE: RE: Rio Tinto
Now thats a figure that would look good in your bank account ...... eh!

 I think Cameco & Areva have each had their private talks with Purepoint with handshake agreements to this point. I probably will be greatly impressed if Rio even gets close to that target but RW does cause excessive salivation. While we're on the topic of joint ventures lets not forget Turner Lake which Chris Frostad has stated in the past is also open for a JV with anyone willing to offer a serious bid and in my opinion is worth much more the Red Willow.

ic
Bullboard Posts