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 recently about getting again into uranium. We have been seeing it over the past 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 form of work, we’re undoubtedly going to proceed seeing an increasing number of good discoveries.”
Purepoint is a uranium exploration firm targeted on creating a portfolio of promising property within the Athabasca Basin in Saskatchewan.
Frostad stated current 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 offers info which was sourced by the Investing Information Community (INN) and authorized by Purepoint Uranium as a way to assist traders study extra in regards to the firm. Purepoint Uranium is a shopper of INN. The corporate’s marketing campaign charges pay for INN to create and replace this interview.
INN doesn’t present funding recommendation and the knowledge on this profile shouldn’t be thought-about a advice to purchase or promote any safety. INN doesn’t endorse or advocate the enterprise, merchandise, providers or securities of any firm profiled.
The data contained right here is for info functions solely and isn’t to be construed as a proposal or solicitation for the sale or buy of securities. Readers ought to conduct their very own analysis for all info publicly obtainable regarding the firm. Prior to creating any funding determination, it is strongly recommended that readers seek the advice of straight with Purepoint Uranium and search recommendation from a professional funding advisor.
This interview might comprise forward-looking statements together with however not restricted to feedback relating to the timing and content material of upcoming work packages, receipt of property titles, and so forth. Ahead-looking statements tackle future occasions and circumstances and due to this fact contain inherent dangers and uncertainties. Precise outcomes might differ materially from these at the moment anticipated in such statements. The issuer depends upon litigation safety for forward-looking statements. Investing in corporations comes with uncertainties as market values can fluctuate.
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