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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 Jan 19, 2012 11:58am
351 Views
Post# 19422015

RE: Breakout volume! world class

RE: Breakout volume! world class

Rory please do a lot more research with your position in PUC. I was approached by them when they started off with VMS and much later they spun off PUC and NAN. The management originally went into uranium exploration in northern Australia with seemingly impressive properties however when they came up with alluvial REE they along with their 50% partner moved 100% of their attention into that (flavour of the month). Management have successfully lost money in the company time and time again and in my opinion mislead investors. 

I have no problem in anyone being proud and happy with your positions but DON'T come to this board trying to seduce people to put money into your failure.

Bullboard Posts