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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUF

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 absolute27on Jul 09, 2016 9:51pm
392 Views
Post# 25038737

How does it make sense that we own 20 % of the 3rd play in

How does it make sense that we own 20 % of the 3rd play in The area along w Fcu and nex. Nex market cap 700 mil Fcu is 350 mil. And we are 11mil. Lol. We r not far behind and we have 20percent backed by great cos that own the rest. This is crazy cheap as we r almost 1 to 70 Market cap w Nxe and 1 to 35 Fcu! This is the easiest play I uranium. I would understand if we were 1to 20 and 1 to 10 nex and Fcu cb we have 20 percent and r behind but again it's not far behind. I'm not saying 1 to 5 or even 1 to 10 but this is stupid. They r simply being ignored but believe me the Nxe and Fcu shareholders will be moving into this stock in this next month bc like everyone they are fickle and will want to at the very least sell a bit and get into this one be it presents their next huge haul of cash. Don't let them get in before we get all we can. Even at .25 cents it still way low and now it's way below that! I telling u that Fcu shareholders especially are getting anxious and they will go to the path of least resistance. There has been a ton of money made in Nxe and Fcu. That money and profit is most naturally going to move right here folks. Also keep in. Ind historically Ptu has been the purest play on the price of uranium hence its a depressed and a steal now. If uranium price ever moves this play will move up violently. First leg up is in next 10 days as Fcu and Nxe boys transition to Ptu before the fall. They will move early and then they will move again in mid August. You all can choose to move with them or get in later or sell later but this is a simple math steal. 
Bullboard Posts