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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 investclubon Feb 11, 2012 12:47pm
507 Views
Post# 19520326

Nee-how (Hi in Cantoneese)

Nee-how (Hi in Cantoneese)

Today Feb. 11/12 Chris Frostad CEO of Purepoint Uranium will be leaving for China to continue negotiations with 2 of the top Chineese uranium companies plus will carry on further discussions with other uranium companies.

The question that comes to mind is if this will lead to new partnerships with the other 100% owned properties notably Turner Lake?

Bullboard Posts