Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s): PTUUF

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.

TSXV:PTU - Post by User

Purepoint Uranium Group Inc

Bullboard Posts

Comment by Velox0blivioon Jan 27, 2017 4:19pm

186 Views

Post# 25765813

RE:selling pressure

It feels like people are flipping it @ 18cents and then buying it back around 16 cents. With news release around the corner, alot of people are jumping in hopping to take a free ride. And then there are those who uses this opputunity to continuously flipping the price and increasing their portion in PTU.

I don't think this should matter to those who are in the long though, but the short who came in at 17 or 18 cent will need to ride this out.

Just my 2 cent.

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