... ever since Fukushima I noticed a junior Uranium explorer I never heard of the other day, KIV trading at around 40c generally on the uptrend undoubtedly due to brightening market factors.
Their profile on Stockhouse is light but Yahoo shows they have 91K hectares in Nunavit claim sites and been publicly traded since 2008, around the time of the last serious downturn. They have risen and fallen and have noticeably landed on their feet with a nice find lately.
Come on now, how could they be trading at roughly 4 times the share price we are, when we have proven assets and two major JV partners with Cameco and Rio Tinto???
As some kind of solace, the article below lays clear: keep an eye on PTU's J/V majors; things will heat up with Mergers and Acquisitions in the Uranium mining sector ever since Fukushima and rising spot prices.
https://www.stockhouse.com/Columnists/2012/Jun/19/Fukushima-leaves-cheap-uranium-stocks-in-its-wake
As a great M&A example, Hathor went from a low of 51c to $5.10 when acquired lately! Not to say that Purepoint could do the same because they are not the same entities, but there's hope ahead! PTU's repeated stalling below 10c a share is well overdue for correction: things will no doubt go better for Purepoint Uranium in future too!