Plateau Energy Metals Inc. PLUUF

INSIDERS STILL BUYING AT $1.25

[BigBull94]

Indiders bought another 120,000+ shares this week up to 1.25. They obviously think this company is still undervalued.

Cash speaks for itself.

[Wever1974]

  Would suggest they realize how much upside is coming   The volume of buying at highs is speaking volumes about   near term upside.  43101 next week should move the    needle substantially. May get a surprise out of Peru   on mining laws fairly soon as well . That in itself would   double the sp .

[Austrian007]

Very true... Just on the value of Lithium alone it should take it to 4X if u do a peer comparion with a stock like Li Am.. There are reasons to believe that Uranium at Falchani could be big as well (though it may not come out next week due to lack of drilling)... my guess is that Falchani will have atleast 50 Mlbs of Uranium at a production cost that would be much lower than $18 at Macusani as

[BigBull94]

Is the 43-101 supposed to come out this week?

[Austrian007]

Yes... even the press release put out a couple of weeks back indicated that. The question is that area it will cover... if its for the entire 2.2 by 1.7km area then we should look at around 15MT of LiCE... but it may not cover that entire area in this 43-101 But I am sure they have a lot more drilling planned out to release a 43-101 of Uranium at Falchani... possibly by the end of the year. and

[Wever1974]

 Simon Moores from Benchmark minerals has a tweet out yesterday  suggesting high prices for a long time to come. I tend to think once all the megafactories ramp up could see high prices by  early 2020s.  Definitly not much lower .  Obviously lower  AISC the better.   Received a note from my broker stating PLU going to be a “Big Winner “ Sprott Global

[Austrian007]

See... Lithium is really plentiful in the world... and the demand by 2025 would max be about 1MT... There are too many systemic constraints for eVehicles or Solar/Uranium power to grow faster necessitating the demand for more batteries. At the current prices, PLU can even easily produce 200,000 tpa bcos of the huge margins... same is the case with Li Am and plenty of others. So we are going to

[Wever1974]

https://investingnews.com/daily/resource-investing/energy-investing/lithium-investing/simon-moores-global-battery-arms-race/    Earlier article this month.  He he has been spot on for a long time    avg price in May. $17,000 + ouside of china