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.

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Pure Energy Minerals Ltd > Run-up in Share Price on "No News"

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Comment by cyber37on Jan 21, 2021 10:23pm

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Post# 32356560

RE:Run-up in Share Price on "No News"

This thought also crossed my mine. Still nice to see PE shares taking advantage of Lithium being ‘fashionable’ & in play; all lithium producers on my watch list are up nicely today. Other possibility is that major players like Albemarle or even Schlumberger are looking to monopolize this market by consolidating (taking over) number of start-ups; this includes Tesla or other EV makers.
If equity issue is the reason, then I think company would like to see somewhat higher reference for 30 days or so…as a reference for new issue. Regardless, I’m still going for the ride here for a little bit longer.
G37

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