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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

Comment by absolute27on Feb 11, 2021 8:22pm
163 Views
Post# 32548386

RE:What about the carbonatite? Zero follow up

RE:What about the carbonatite? Zero follow up
I bet you weren't complaining pre Fukushima when the company had the same geologist and ceo..fact is this will move up.sharply soon enough. They are a conservative team and while I agree it sucks to be beholden to Cameco and others, the flip side is that Cameron trusts Ptu to manage this very interesting area and they financed it through very rough times. Many companies have come and gone and purepoint is still here and strong. The approach will end up being a winning one. Believe me my situation sucks as I have only half the position I had 3 years ago and now it will run but I have some and I am not selling and if I have the opportunity to buy more under 20 cents at any point I will. This company will be the strongest junior in the space when uranium comes back in a real way and their properties are great. I also get frustrated by the CEO but he is actually great in presentation and his approach is the correct one however painful it may feel. The stock will move and has moved big with the Ceo we have. He has navigated a very tough 10 years so stick with it now. Stay strong and get ready.
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