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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
Post by guido1077on Jan 22, 2012 5:44pm
420 Views
Post# 19433340

good to be back

good to be back

 

I've been a long-time shareholder but haven't posted in a long time.  Good to see some famiiar names - Investclub, winr88, etc.)....anyway I made PTU my largest position once again just recently as the stock seemed to be totally washed out and the uranium market is looking better.  I've met management in the past and can assure newer investors this is a very well run company.  Their properties and partnerships speak for themselves.  If uranium continues to see greater interest, and there are many reasons to expect it will (as posted by others on this board), this stock can easily be a multi-bagger from here...even before we get positive drill results, which of course would make the stock take off like a rocket.  For those of us who have been around for many years, my expectation is that 2012 will make our patience worth the wait.  

GLTA

ps. for what it's worth, I'm an equity analyst on Bay St. and so I spend a lot of time talking to people in the institutional investment community.....sentiment is definitely picking up...interest in the sector is undoubtedly growing again.  

 

Bullboard Posts