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Purepoint Uranium (TSXV:PTU,OTCQB:PTUUF) President and CEO Chris Frostad is optimistic that elevated investments within the uranium market will lead to extra new discoveries from the exploration sector.
“The markets have been fairly excited currently about getting again into uranium. We have been seeing it during the last two years — the worth of uranium has gone from US$25 to US$50 (per pound),” he stated. “And now that there is a lot cash transferring into Saskatchewan and transferring into this type of work, we’re undoubtedly going to proceed seeing an increasing number of good discoveries.”
Purepoint is a uranium exploration firm centered on growing a portfolio of promising belongings within the Athabasca Basin in Saskatchewan.
Frostad stated latest uranium discoveries are already a sign of the present momentum for this crucial mineral, as uranium is a vital part of nuclear vitality, which is re-emerging as a low-carbon various to fossil fuels.
Watch the total interview with Chris Frostad, president and CEO of Purepoint Uranium, above.
Disclaimer: This interview is sponsored by Purepoint Uranium (TSXV:PTU,OTCQB:PTUUF). This interview supplies info which was sourced by the Investing Information Community (INN) and accredited by Purepoint Uranium with a purpose to assist traders be taught extra concerning the firm. Purepoint Uranium is a consumer of INN. The corporate’s marketing campaign charges pay for INN to create and replace this interview.
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The knowledge contained right here is for info functions solely and isn’t to be construed as a suggestion or solicitation for the sale or buy of securities. Readers ought to conduct their very own analysis for all info publicly obtainable in regards to the firm. Prior to creating any funding determination, it is strongly recommended that readers seek the advice of instantly with Purepoint Uranium and search recommendation from a certified funding advisor.
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