A Stronger Uranium Market as Cycle Takes an Upward Swing, Purepoint Uranium CEO Says

Purepoint Uranium (TSXV:PTU,OTCQB:PTUUF) President and CEO Chris Frostad is optimistic that there shall be a stronger uranium market within the subsequent six to 12 months harking back to the way it was three years in the past, at which era extra contracts shall be written.

“You are an actual resurgence in nuclear power basically, worldwide. It is actually come again sturdy as a supply of inexperienced power, rather more so than it was seen as 10 (or) 15 years in the past,” he stated.

“Much more reactors are being constructed in order that we have seen that demand aspect actually, actually begin to pump up. So far as the markets are involved — so far as individuals who observe uranium and consider that we’re about to maneuver again right into a time of upward swing — I feel primarily based on that, we see an actual provide/demand shift occurring,” Frostad stated. “And hopefully, it will occur rapidly.”

Amid the cyclical nature of the uranium area, Frostad defined, Purepoint has maintained its place by means of tasks which have actual prospectivity, amongst different parts that come into play. “We have got a a lot bigger portfolio of tasks at numerous levels of development; subsequently, we at all times have issues shifting ahead.”

As for the way his firm has dealt with the uranium market, Frostad defined, “I feel you have to be in enterprise to remain in enterprise. You’ve got obtained to have the ability to trip the wave, trip the ups and the downs and be sure that your capability to trip the ups and the downs is strong. I feel Purepoint has been very profitable in that.”

Watch the total interview with Purepoint Uranium President and CEO Chris Frostad 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 accepted by Purepoint Uranium so as to assist buyers study extra concerning the firm. Purepoint Uranium is a shopper of INN. The corporate’s marketing campaign charges pay for INN to create and replace this interview.

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The data 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 regarding the firm. Prior to creating any funding determination, it is suggested that readers seek the advice of instantly with Purepoint Uranium and search recommendation from a certified funding advisor.

This interview could include forward-looking statements together with however not restricted to feedback relating to the timing and content material of upcoming work applications, receipt of property titles, and so on. Ahead-looking statements deal with future occasions and circumstances and subsequently contain inherent dangers and uncertainties. Precise outcomes could differ materially from these at present 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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