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 Mar 24, 2017 4:35pm

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Post# 26028481

yes - lots of drilling to come

i would have thought it would have settled around 13 -14 cents based on NXE Harpoon results - I think PTU is the next NXE as the string of pearls deposits trends onto their property
NXE Rook is a monster and a mine by itself - so It would make sense for NXE to concentrate on it and spin off Harpoon to PTU to monetize the Harpoon by cutting a deal to combine it with the Spitfire deposit
Hopefully PTU hits a few more decent deposits as well -- It will probably drift down from here till we get drilling results

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