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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

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Post by absolute27 on Mar 17, 2021 1:55pm

I appreciate

hey sellers While I appreciate other names that are good quality companies, keep in mind that ptu has less simulations than uex gxu and others. The uranium world many times has bigger float and doesn't consolidate like gold players. This dilution also is favorable because it may be part of a bigger plan to unleash ptu's overall land package which is one of the best on the area. I see both sides but in the end ptu has always been the purest play attached to the price of uranium so it will fly. Wherever we end up in the uranium world we will all be in good shape. Stay strong and good fortune to all.
Comment by absolute27 on Mar 17, 2021 1:58pm
I meant to say ptu has less share float than some of those even they do have a big float its definitely not unusual in uranium and still less than many.
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