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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
Comment by cayp21on Jan 30, 2019 9:04am
59 Views
Post# 29294976

RE:RE:RE:RE:RE:Price will get to $0.40

RE:RE:RE:RE:RE:Price will get to $0.40My $0.40 PTU prediction is not some voodoo number = it is based on expected lbs in the ground discovered and verified, and based on what the other current valuations are based on their share prices taking into acct a fully diluted basis. And in PTU's case they only get 21%. Obviously the key is "discovered and verified", and this takes years, no different that it took a few years for NXE to vault, and several more than that for FCU. Either way the vein is there it is a just a matter of time to hone in on it and to prove the known known. Good to know that PTU mgmt is sound also. NXE had the benefit of going through the rounds on what was involved in the roughrider deposit, so their next round was quicker, more accurate, and better promoted. They were already a well oiled machine in all aspects. To be honest I have no clue what PTU is up to, I just know the product is there, so I am happy to wait it out for a massive gain (someday). When I predicted NXE's SP many moons ago, and was laughed at and taunted by the FCU cheerleaders. I based my prediction on verifying 60mbs which I figured was an easy mark to achieve. Better to be conservative than over zealous. And patient. If you want the massive upside you have to be patient. It will go up, and down, and up, and down, inevitably settling on something that will indeed put a smile on my face.
Bullboard Posts