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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. > Largest US uranium deposit forbidden to produce
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Post by juanPeru on Jun 20, 2019 12:27pm

Largest US uranium deposit forbidden to produce

Virginia Energy Resources Inc. (VEGYF) down 60%. 

I like when they say "massive deposit valued by the company at $6 billion" for a deposit the same size as PLU's!

It seems to me that it's getting harder and harder to produce uranium in developed countries. But uranium will be produced in Peru, mark my words.

https://finance.yahoo.com/news/1-u-supreme-court-upholds-142511984.html
Virginia ban on uranium mining upheld by U.S. Supreme Court

WASHINGTON, June 17 (Reuters) - The largest-known U.S. uranium deposit will remain firmly under ground after the Supreme Court on Monday upheld Virginia's ban on mining the radioactive metal, rebuffing a challenge backed by President Donald Trump's administration to the 1982 moratorium.
 
In a 6-3 decision that underscored states' rights, the justices affirmed a lower court's ruling that threw out a lawsuit by Virginia Uranium Inc and other owners of the massive deposit valued by the company at $6 billion on private land in southern Virginia.

(...)
Comment by tankumo on Jun 21, 2019 2:24am
I agree!!!!! Also look at SYH
Comment by juanPeru on Jun 21, 2019 10:53am
Yeah, great team and great jurisdiction there. Also high grades but earlier stage than Macusani.
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