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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 PositionTradeon Jan 15, 2015 10:50pm
126 Views
Post# 23326328

RE:run to 19

RE:run to 19My guess is that PTU will probablly not follow last years target, instead -

1) IF they do not find something significant, it may stopped around 12,  similar to 2013

2) IF they get something significant like NXE, it may go around 50c.

The clue is in 10y charts, PTU has "major" year and "minor" year alternatively.  Consider current venture mkt condition and the pattern, this is probably a minor year, unless it gets a homerun.


Bullboard Posts