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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 Everpatienton Aug 22, 2005 10:05am
128 Views
Post# 9441464

RE: Holding the price up.

RE: Holding the price up.I have compared PTU to CVV and the best buy for a long hold would definitely be CVV. PTU is going to be giving a private placement out soon to an investment company no doubt. They (Octagon)like others then begin playing with the stock to make it look like the price is headed upwards. PTU does not have a large volume of stock movement therefore very risky and seems to be just buying and selling of a couple of stockholders. CVV on the other hand has a larger volume of movement though I believe is manipulated as well. If one looks at all past placements of both companies and others as well, you begin to see a pattern of great manipulation to gain $$. To me it is alot of talk and no action. Which presently does not make for a good investment at this time. These are my opinion's of course.
Bullboard Posts