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 wolfe0001on Feb 24, 2017 7:39am

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Post# 25887491

Focus

Agree their focus is on arrow and rightly so - it is a monster and will be an easy to mine mine by itself -- way before FCU
But they did drill 30 holes at Harpoon and the could probably do a spin off for their other properties such as Harpoon and make it really attractive for a RIO, Teck, Cameco etc to invest
That would drive up price of PTU as well - especially if their own drill program continues to be complementary

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