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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 investclubon May 06, 2015 5:46pm
156 Views
Post# 23701805

RE:Encouraging results are - only encouraging.

RE:Encouraging results are - only encouraging.hi RossMorley perhaps the lack of a rising stock price has more to do with the fall of the uranium spot price in the last few weeks from $39 to $35.50 then ptu's hit. I was impressed with this years efforts so far and feel we will see more before the year is out. If you have noticed Fission isn't trading anywhere it should which in my mind is closer to $2. The poster who speculated that nexgen might buy out purepoint or areva hasn't considered them blowing their brains out in a cash & stock deal and put themselves so far in debt they would have to hold a going out of business sale...sorry couldn't resist.
Bullboard Posts