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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Post by Sculturedon Aug 11, 2016 1:26pm

351 Views

Post# 25131611

GIVE YOUR HEAD A SHAKE.

Purepoints news release that they have no idea why their stock is rising is just ludicrous. They know perfectly well that the hole nexgen hit 300 metres from their drill hole that proved out good is the reason. Nexgen hole is 150 metres from purepoint/cameco/areva spitfire propery line and 300 metres from their successful hole announced in march 2016. Please give your head a shake before putting out a dumb aaaasss news release. This is a stock to hold but do not plan on retiring on it.

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