Pure Energy Minerals Ltd V.PE

Alternate Symbol(s): PEMIF

Metals & Mining Industrial Metals & Minerals

Pure Energy Minerals Limited is a Canada-based lithium resource developer. The Company is engaged in the exploration and development of mineral properties. Its Clayton Valley lithium brine project (CV Project) is located in Esmeralda County, Nevada. The Clayton Valley Project contains an inferred mineral resource of approximately 218,000 tons of lithium carbonate equivalent (LCE). The Clayton Valley Project is located in central Esmeralda County, Nevada, approximately halfway between Las Vegas and Reno, Nevada, United States. Its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprises 950 claims over 23,360 acres (9,450 hectares). In addition, the Company is focused on new processing technologies for lithium through its collaboration with global multinational technology partners such as Tenova Advanced Technologies, at the process testing, engineering, and design stage on the Clayton Valley Project.

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Pure Energy Minerals Ltd

Bullboard Posts

Post by Vangelison Apr 26, 2010 12:00pm

1109 Views

Post# 17031138

Hold your horses

Harmony’s predecessor Company was Avantec (AVV). Many people bought AVV as high as
.75 few years ago. Since then their shares were consolidated 9/1 (reverse split) which gives them a cost of
.75X9=$6.75 per share.

Comparing to the today’s trading price of just below
.50 AVV’s shareholders have paid a hefty premium.

I don’t think that any of them is planning to sell their shares at the present price.

The only way for them to recover some of their losses is to average down. So don’t push the price before a news release comes out with hypothetical “great news” “big project” and all that bs.

With all the respect.

Cheers

Vangelis

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