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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 likesthelinkson Nov 13, 2012 6:03pm
250 Views
Post# 20595823

RE: Hook Lake project FIS and AMW hit

RE: Hook Lake project FIS and AMW hit

Persoanally I'm seeing this stay close to this level through mid point of Dec.  Don't get me wrong.....I'm very positive on Purepoint as a  long play.    The recent news of  Camenco cutting back production is good news!    We will see what happens in the spring when the giants all get together and discuss uranium spot prices.   Either way purepoint has good properties and amazing agreements with all the big hitters in the uranium field.   GLTA............I see it staying at this level a little longer and hope it does as I want to add more before Jan. and am having to evaluate on how to do so:)

No matter what is said I still see most Uranium juniours as a  few year play as of now:)    This does not bother me though:)   

Bullboard Posts