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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 likesthelinkson Feb 28, 2014 6:49pm
249 Views
Post# 22266864

Good luck looking for a NR soon!

Good luck looking for a NR soon!
Purepoint  is conservative with the NR's as well,   after the drill program and results,   have the ok from the joint venture partners to ok the  release of information.   I could be wrong but this is my intpretation  of how things go with Purepoint and the joint ventures with Cameco and Rio Tinto.   I would not look for a neews realease until the end part of March IMHO.
That being said Purepoint has always followed the price of Cameco with highs and lows and are positioned very well to take advantage of ANY discovery as well as ANY upside in thi price of U.
JMHO........been accumulating and just waiting:)
Bullboard Posts