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Plateau Energy Metals Inc. PLUUF

Plateau Energy Metals Inc is an exploration stage company. The company is in the process of acquisition, and exploration, and evaluation of mineral properties in Peru. It is principally engaged in the exploration for uranium on its properties located in the Macusani plateau region of southeastern Peru and the Falchani lithium project.


GREY:PLUUF - Post by User

Comment by Investtowin99on Oct 04, 2018 2:19am
95 Views
Post# 28742594

RE:Any Thoughts On What's Holding This Down

RE:Any Thoughts On What's Holding This DownI think the correlation with uranium is weak at this moment given that the excitement since the end of last year has been all "lithium". Granted, there's 125 million proven pounds of "low-cost" uranium, generating a NPV of 603 million USD (only on 72 million pounds of uranium) which roughly equates to 9,4 CAD per share (a new NPV will most likely strongly improve the economics). As the uranium sector heats up, attention of the investor community should also work its way towards Plateau Energy Metals for the "Macusani-side" of the company.
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