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Bullboard - Stock Discussion Forum Purepoint Uranium Group Inc PTUUF


Primary Symbol: V.PTU

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... see more

TSXV:PTU - Post Discussion

Purepoint Uranium Group Inc > ASK YOUSELVES
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Post by CLOUDER on Sep 13, 2023 12:40pm

ASK YOUSELVES

Were will PTU be when the spot price of uranium blows over $100, PTU  has one, or in my mind, the best portfolio of DRILL ready properties in,  one of the best countries,the best province,the best place to find the highest grades of uranium....in  the,,  world....the  ATHABASCA BASIN.                                                                           PS,    a  5 cent stock,  yes they have  almost 600 mill shares FD, but that is liquidity to the market when things get going.                                                                                                                                     PSS  this set up is just startting  and is a no brainer,imo.     they have a mill or 2 in the kitty and  no debt.    man  as we all know  TIMING IS EVERYTHING.
Comment by Kangaroo123 on Sep 13, 2023 8:10pm
Agree clouder. The big money is starting to flow into the Uranium sector. Remember that last time around in 2007-8 there were about 500 companies in the Uranium business. Now there are less than 100. The market capitalisation of the Uranium sector is so small that any large capital inflows from hedge funds, pension funds and mutual funds will have a huge effect on all Uranium stocks. We are seeing ...more  
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