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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUF

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

Bullboard Posts
Post by Lazaroson May 10, 2018 3:04pm
118 Views
Post# 28013681

We need a reality check in all aisles

We need a reality check in all aislesI am and have been a long-time PTU investor, so before you bash me as a short or Russian troll, I'm actually long. I've been reading the posts, and I have to say, there is a lot of optimism regarding the upcoming drill results, and most of it is unfounded. The notion that being similar in nature to Arrow means we will also discover ore is absolutely insane. This is exploration and it is VERY difficult to find anything. Be thankful we have spitfire. Dragon is moose pasture until proven otherwise, not a deposit waiting to be found because that's what we all want. What leads everyone to expect great results aside from wishful thinking? There are no guarantees in exploration. Treat it as such and stay solvent.
Bullboard Posts