Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s): PTUUD

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.

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Purepoint Uranium Group Inc > Uranium Stocks Poised for Breakout

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Comment by stockshackon May 11, 2024 10:06pm

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Post# 36035575

RE:RE:RE:Uranium Stocks Poised for Breakout

theSquire wrote: you are generally right about the rising tide, but PTU have proven themselves the exception to that rule. All the other junior uraniums are moving on all cylinders. I;ve held PTU in large quantities for over 20 years. Could be the biggest write off i've recorded if this bull market and results from Turner Lake drill campaign don't right the ship.

It's the poor sharestructure that's holding the stock back. 500m shares is in consolidation territory.

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