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Bullboard - Stock Discussion Forum Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUD

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 > No news release this year re: Drilling ?!?!
View:
Post by buyholdsell002 on Jan 25, 2021 2:29pm

No news release this year re: Drilling ?!?!

By the stagnant and now retreating share price.....also taking into account that shareholders did not even get a courtesy news release this year for when drilling started (lasy yr release was in Dec 2019)....most likely indicates that yet another year and another bust on the drill bit. Those who are close to the company are hitting the sell button and soon back to another year of sub 5 cents. So sad the potential this company has and it seems they are slaves to their handlers. I liked the CRUX investor interview as he asks the tought questions.....PTU would be better off on their own and being in charge of their own fate instead of being held back and reigned in by the hand that feeds them.....guess thats what a 10k a month salary gets you. By the time a news release is issued announcing the start of drilling.....drill results behind the scenes will probably already been know. Time for PTU to be the boss of their own company
Comment by snappyday on Jan 25, 2021 5:28pm
They did publish an Athabasca Basin Exploration Update on their website (dated January 2021) so it's not like there's been no news, and we don't tend to hear results each year before February. So I'm not feeling any sense of doom and gloom.
Comment by wallybob on Feb 03, 2021 3:15pm
this puppy was trading at 60 cents pre fukishima just sayin, is the value still there
Comment by buyholdsell002 on Feb 09, 2021 12:03pm
Yes....the value is definitely still there 110%. Their land holdings alone make them somewhat of a land baron in the basin. The only thing holding them back is their partners reigning them and the share price in.
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