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.

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Purepoint Uranium Group Inc

Bullboard Posts

Post by moon56on Nov 16, 2017 5:20pm

822 Views

Post# 26980042

Would CCO's CEO be thinking Purepoint hopefully?

Below is a quotation from Credit Suisse's comment on DML

'.....Cameco unlikely to consolidate DML, in our view: CCO's CEO stated on its Nov. 9th call that "if some Saskatchewan assets came available that were part of the joint ventures we're in, we'd look at purchasing them". On our clarification with the company, those comments related to CCO's operating asset JVs. CCO also reiterated that it is not currently interested in buying greenfields assets (it already owns 30% of Wheeler River)......'

Bullboard Posts

REITS over single property investments