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Bullboard - Stock Discussion Forum 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 Discussion

Plateau Energy Metals Inc. > Macusani Yellocake's Appeal for Review (full text)
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Post by digingdeep on Apr 29, 2019 4:58pm

Macusani Yellocake's Appeal for Review (full text)

Juan, Have you found any relationship between PLU and Minera Colibri mentioned in the Presidential Resolution N° 0464-2019-INGEMMET/PE, through which INGEMMET resolved to declare the expiration of 32 PLU mining rights?
 
It seems really weird and unusual that both companies waited for the last day and deadline to secured the most valuable asset of a mining company (the mining properties).  That is insane.

Please comment,

Thanks,
Comment by juanPeru on Apr 30, 2019 12:31pm
Hi digingdeep, how are you doing? Regarding this "relationship", well, it seems your intuition is sharper than mine... just found that Macusani Yellowcake SAC" and "Minera Colibri SAC" are indeed related: both have Ulises Raul Solis Llapa as general manager, both have the same legal address (Jr. Giovanni B. Lorenzo Berni Nro. 279 - San Borja, Lima) and were founded the ...more  
Comment by TheGreatMattsby on Apr 30, 2019 3:14pm
Hi Juan, So the same guy is responsible in both cases and in the first case the mining claims were revoked. Is this correct?
Comment by juanPeru on Apr 30, 2019 4:19pm
Yes, it's correct. But you have to take into consideration that both cases aren't identical. While it's true that in the first case (Minera Colibri SAC) Ulises Solis presented the accreditation request (with the payment vouchers) the day after the deadline (06/30/2016), in the second case (Macusani Yellowcake SAC)  he presented the accreditation request (with the payment vouchers) ...more  
Comment by TheGreatMattsby on Apr 30, 2019 4:46pm
It seems a tragicomedy that after the first instance this individual was not fired or at least forbidden to handle paying for the claims, and has seemingly made the same mistake with a multi billion dollar deposit - albeit doing a slightly better job which will hopefully result in us retaining the claims. Only in the crazy world of junior mining!
Comment by johnez on May 02, 2019 9:20am
As a shareholder with significant amount of stocks I am terrified to here this kind of stories, this the management must take care of and never let happen again and its unbelievable that could happen at all..
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