Plateau Energy Metals Inc. PLUUF

RE:Crazy tin foil hat theory

[juanPeru]

Thank you for your clear-headed insights. In particular, I found your comparison between the Fe ore market and the current Li market quite clever. I'd really like to know what the following information implies for your whole argument:

El lago de litio
https://www.energiminas.com/el-lago-de-litio/

Peru albergaria el deposito de litio mas grande del undo. EL MONSTRUO DE DOS CABEZAS.
https://minerandina.com/es/5744-2/

Regarding the recent flash crash I'd say it has more to do with the blackout period related to the news of Alex Holmes appointment, with recent weakness in the whole resources sector and with the sudden "correction" in the total position held by iinsider Robert Disbrow which intensified the already in course selling.

But let me share my thoughts about the recent news which you have summarized above. The timing of the press conference, the background of the CEO appointed and the apparent interest of SQM in the project they all point to the same direction i.e. to a probable process of M&A. The president involvement is a consequence of the increasingly obvious size and economic attractive of the Falchani project, which coupled with the excellent relations the company has with communities make this project a good opportunity for the President to attract a very important investment and promote himself as the politican who made this miracle possible.

In the PR Ian Stalker says "I look forward to seeing Alex, along with our teams in Peru and Canada, lead the Company through our next stages of growth and project development, particularly as we work towards a preliminary economic study for the Falchani lithium deposit.” The most important thing always comes at the end, they say. If an M&A process is to take place, then a well-supported PEA is the first mandatory step. As you pointed out, Li market is maybe in its best moment right now so making the right moves could lead to a sell price very close to fair value which could reach CAD 25-30 per share or oven more (we will see in the PEA), which as long as I now would be very similar to what happended with Arizona Mining in a hot zinc market. So as the blackout period comes to an end and the whole process unfolds expect huge insider buying. Personally I see these days (or weeks, or hopefully months) as the last chance to get shares at a discounted price.

Cheers