Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s): PTUUF

Metals & Mining Industrial Metals & Minerals

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 absolute27on Aug 17, 2016 10:19pm

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Post# 25152683

Interesting when Ptu had 100 million shares

Outstanding back in 2011 pre Fukushima they went to .60 so 60 million market cap with nothing found. Now we sit at 20 million market cap and are shaking in our boots. Ptu moves w uranium more purely than any stock so if uranium ever goes up instead of down then we could have the perfect storm. Let's remember uranium sucks this year but we r up! Good times will really show in i2017. For now .30 cents on horizon.

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