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 company, which is engaged in the acquisition, exploration and development of mineral properties. The Company's primary project is the Clayton Valley Project (CV Project), which is located in Clayton Valley, Esmeralda County, Nevada. The CV Project is located in central Esmeralda County, Nevada, approximately halfway between Las Vegas and Reno, Nevada, United States. The Clayton Valley Project contains an inferred mineral resource of approximately 218,000 tons of lithium carbonate equivalent (LCE). In addition, the Company is focused on new processing technologies for lithium through its collaboration with global technology partners, Tenova Advanced Technologies, at the process testing, engineering, and design stage on the Clayton Valley Project. The Company's subsidiaries include 0891884 B.C. Ltd., Esmeralda Minerals, LLC, 1056625 B.C. Ltd., 1061582 B.C. Ltd. and LT Capital Holdings, LLC.

TSXV:PE - Post by User

Pure Energy Minerals Ltd

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Comment by Christofferon May 15, 2017 8:18pm

205 Views

Post# 26247431

RE:RE:RE:Ellis Martin Report - PE!

After reflection; for the ordinary investor, a buy out would be better. Lithium one sold for usd 100 mill. The have increased 3-4x for lithium since then. So a sales price would be usd 200-300 mill.

quick pay of and if would in one instance kill of the shorters.

for the company the they can leave this site with finance for a plant in Argentina.

if we stay on site and consolidation in some form is not in the cards, ALM will become somewhat obsolete, as their production rate would vanish in comparison to PE.V. and that production would finance their plant in Argentina.

the last option takes a few years longer but make the company more robust. Think we hold a good hand, either way.

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