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MicroCap Report: Purepoint Uranium (V.PTU) glows, Belo Sun (V.BSX) sets

Stockhouse Editorial
0 Comments| February 26, 2016

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Purepoint Uranium (TSX: V.PTU, Forum) jumped in the markets today after the company released results from its latest round of drilling at Hook Lake noting the strongest mineralized interval to date within the Spitfire Zone.

According to the news release, HK16-43 returned downhole probe results of 1.7% eU3O8 over 31.2 metres including 13.3% eU3O8 over 2.2 metres. Shares were up 88.89% to $0.085 per share.

Belo Sun Mining (TSX: V.BSX, Forum) slipped on the boards today after a round of selling based on no material news. The last news published by the company was at the end May 2015 when it posted the results from its AGM.

According to that news release, 63.11% of all the issued and outstanding shares were represented at the meeting which included an election of directors. Shares were down 12.90% to $0.405 per share.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Purepoint Uranium Group Inc. (V.PTU, Stock Forum) 88.89%
Bonavista Energy Corporation (T.BNP, Stock Forum) 16.67%
Pacific Exploration & Production Corporation (T.PRE, Stock Forum) 12.90%
Twin Butte Energy Ltd. (T.TBE, Stock Forum) 11.11%
Leucrotta Exploration Inc. (V.LXE, Stock Forum) 11.11%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Belo Sun Mining Corp. (V.BSX, Stock Forum) -12.90%
Silver Standard Resources Inc. (T.SSO, Stock Forum) -7.89%
Horizons BetaPro S&P\/TSX Global Gold Bull Plus ETF (T.HGU, Stock Forum) -6.88%
Espial Group Inc. (T.ESP, Stock Forum) -6.22%
Horizons BetaPro COMEX Silver Bull Plus ETF (T.HZU, Stock Forum) -5.94%



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