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Pure Energy Minerals Ltd V.PE

Alternate Symbol(s):  PEMIF

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

Bullboard Posts
Comment by Christofferon Mar 06, 2018 12:38pm
92 Views
Post# 27668648

RE:Lithium

RE:LithiumGood points showdog, I agree with you. Sad to see them raise money and then just issue management stocks. They should have used money for down payment/full payment for pilotplant to get things moving. Could see they invest maybe 3 mill and suppliers take the rest, to get a functional plant running showing their technology in a continuesly running pilot plant. No real money will enter before pilot plant proves to work and required approvals achieved. From there it can be a very good story, but nothing moves before these milestones are done, and seeing management line their pockets instead of securing milestones with raised cash, is not company orientated decisions which is really bad.
Bullboard Posts