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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.


TSXV:PTU - Post by User

Purepoint Uranium Group Inc
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Comment by golf4you1on Nov 07, 2014 3:25pm
219 Views
Post# 23108162

RE:RE:Rights offering

RE:RE:Rights offering
snappyday:
You are totally correct, however, I am not going to spend approximately $1000.00 more to buy the rights over the stock. If they reduce the rights to 0.04 - 0.045 I may consider.

Having said all of this, with the report that was released my Trimble concerning uranium prices and demand, and the way the price of the stock going up, MAYBE WHAT I HAVE POSTED IS ACADEMIC. If the price goes up fractionaly higher, the decision is a no brainer.
Bullboard Posts
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