Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s): PTUUD

Energy

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.

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Purepoint Uranium Group Inc

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Comment by investclubon Apr 04, 2014 5:45pm

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Post# 22414285

RE:RE:RE:11MM Cheap shares free trading very soon....

I would bet the "sell-off" was more attributed to the 70 cent drop in the spot price to $34.00 as we have also seen in other U stocks. Yes this is the time of year we might see markets come down but don't take a correction for granted. You do make a good point on new comer entry however I'm not sure if we will see 7 cents again I think we may move back up to the 10-12 range for awhile before getting back into the teens.

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