Purepoint Uranium Group Inc PTUUD

Primary Symbol: V.PTU

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.

TSXV:PTU - Post by User

Purepoint Uranium Group Inc > Just be aware it's market specific

<< Previous

Bullboard Posts

Next >>

Comment by stockshackon Sep 29, 2023 11:53am

75 Views

Post# 35661802

RE:Just be aware it's market specific

not company specific that's raising the sp. Why you ask, 1 - They have a market cap of 25m and a shareholders equity of 1.58m 2 - They lost 3.2m the last months ending June30th 3 - Cash on the balance sheet was 1.2m June 30th which means they have about 600,000.00 left. Yes the uranium market is good, just be aware. All the best.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?