Purepoint Uranium Group Inc PTUUF

Primary Symbol: V.PTU

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 snappydayon Sep 10, 2023 9:51am

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Post# 35628166

Those rumours turned out to be false ...

"... and these seem impossible to be true. The spot market price for uranium is currently just over $56 a pound, well under what the Nigerien junta reportedly wants to charge."

https://europeanconservative.com/articles/news/uranium-prices-fuel-anti-french-protest-in-niger/

and "... sufficient inventories to last for three years ..."

https://www.reuters.com/markets/commodities/uranium-price-ticks-up-after-niger-coup-more-gains-expected-2023-08-01/

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