Purepoint Uranium Group Inc. (PTU-TSX: V)
Interview with: Chris Frostad, BBA, CA, President and CEO
Business News, Financial News, Stocks, Money & Investment Ideas, CEO Interview
and Information on their distinct, targeted properties
with historic significance in the Canadian Athabasca Basin. |
CEOCFO
Members Login
Become A Member!
Cover Story
CEOCFO Current Issue
Cover Story Archives
Private Equity Review
CEOCFO Interview Index
Analyst Interviews
Corporate
Financials
Contact
& Ordering |
This is a printer friendly page!
With
one third of the world’s current production of uranium coming out of the Athabasca
basin, Purepoint Uranium’s advanced properties gives them an edge as the price for
uranium goes up and demand increases
Mining
Uranium
(PTU-TSX: V)
Purepoint Uranium Group Inc.
Chris Frostad, BBA, CA
President and CEO
Interview conducted by:
Lynn Fosse, Senior Editor
CEOCFOinterviews.com
January 26, 2006
disclaimers
Any reproduction or further distribution of this
article without the express written consent of CEOCFOinterviews.com is prohibited.
|
“Purepoint
is a uranium exploration company that has been solely focused on the exploration of
uranium and focused even more closely on properties in the Athabasca basin. One third of
the world’s current production of uranium comes out of the Athabasca basin. We went
up there around three years ago, before the current rush in uranium, to see if we could
identify some historic properties that have been worked through the last boom and had
fallen off the radar after the economics fell out from under the commodity. When we were
up there in late 2002, we spent a fair amount of time just researching through the
hundreds of millions of dollars of exploration that had gone on in the area. At that time
the stock price of uranium was down around 8 or $9.00. There was a wide-open field to look
for. Since that time and since we staked our property, the stock price of uranium has
jumped up to $33.00 a pound and we have found ourselves in the middle of a land rush
there.” - Chris Frostad, BBA, CA |
