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Bullboard - Stock Discussion Forum 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... see more

TSXV:PE - Post Discussion

Pure Energy Minerals Ltd > ALL THE WHY's
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Post by Wangotango67 on Jun 05, 2020 10:01am

ALL THE WHY's

- Why didn't PE update pea, and resources before cracking a deal with, Schlumberger ? 
- Why is the pilot plant for simple brines costing ($15/$25/mil ? ) cyp's $6.75/mil for clays ( harder )
- Why let the price slide, for so long then, crack a deal ?

- Why didn't cyp address their water needs for thier - clays ?
- Didn't cyp perform a 1,000+ ppm clay sample with, Noram Eng. ( why only 300ppm feed ? )
- Why did cyp, send clay samples to butte momtana imstead of, directly to, Noram...?
   one would think noram would, look after the entire clay extraction, right ?
 - Did butte montana only send noram - brine feed stock ?
 - Could this feedstock be - BRINES from the, clays ? 
- Can an acid plant be, set up on an, aquifer basin, with epa approval ?
- Why only lithiuum reserves accounted for, in cyp's pfs - why not more = depth - change to dig ?
- Has cyp secured a permit in order, to dig a basin watershed ?
- Will cyp drill own claims for water to mine ? 
- If they ever did...could the project, turn, to brine mining, if lithiim brines are apparent ?

- Will speriment,  soon drill a deep drill / hole 1/2 mile from PE + Schlumberger ?

- CYP has few shaares out.., they still need to attract larger interest to move to, pilot plant.
- With, few shares, a supposed 6 momths needed to build pilot/plant = more time for another to 
  scoop cheapies... the longer these clayton - projrcts take - easier for, larger player


What's really going, on in, Clayton ? 
Why has, each junior dragged thier projects ? 
Why, so many ressistent points and, always more time needed ?
Would this not facilitate another to walk in on the cheap ?

AGAIN...
- Should PE have updated thier pea + resource before, cracking a deal ?
- Why drag a project, perform no unpdates, craack a deal, then prez steps down ?
- Should PE have been given a higher % ?
- Who will step forward for cyp to, assist, them ? 
- Will an entirely, different interest do, so...other than, whose been revesled so far, in clayton ?
- What if it's the same entity...and same entity provides the $6,75/mil to cyp, for, same - pilot plant ?

- Why is Noram engineering apart of PE's exrraction and, cyps ?
- WHY DID CYP SEND THIER, CLAYS TO MONTANA THEN, THE REMNANT OF FEEDSTOCK WAS
   SHIPPED TO, NORAM - WAS THIS A LEACHED BRINE SLURRY - ?

- IF MONTANA PERFORMED A - LEACHATE FROM CLAYS ( ? ) 
- WHAT IF CYP'S ( FEEDSTOCK, )  IS THE SAME PILOT, PLANT AS, PURE ENERGY'S ?
- COULD IT MEAN...CYP'S $6.75/MIL COST - WOULD, BE FOR WHAT ??? 
- TRANSLATE TO - $6.75/mil/worth/shares @ $.20/cents = 33.75 million / shares
- IF NO SHARES...THEN, WHAT, %;OF ROYALTY...?
- BETTER YET...IF SAME PILOT PLANT - THEN...WHY $6.75/MIL ?


- IS IT, RIGHT... PE DIDN'T...UPDATE THIER....
  PEA + RESOURCE BEFORE CRACKING A DEAL ?
  3%:??? All eyes, on...cyp....what will thier's be ?

- HOW IS IT PE'S PILOT PLANT COSTS FAR MORE ( $15-$25/MIL )
- VS - CYP'S WHO HAS CLAY, PROCESSING - CLAYS REQUIRES MORE ATTENTION...
  you, know...send to montana then, off to...noram...wink.
- WHY....IS IT TAKING PE SO LONG FOR A BRINE, PLANT ? 
- WAS THIS NOT ALREADY...PERFORMED. - YEARS AGO...?
- A SIMPLE DESALINATION OR DISTILLATION SIMILAR TO, ALBERMARLE'S - SUN EVAPORATION
  BUT IN A PLANT EXRRACTION  MODEL....WOULD RENDER RESULTS...
  WHY NO UPDATE, ON THIS...?


- Would be nice to see a royalty % revision based, on...
   new cv 9 hole - and all other cv holes...yes...
   new brine analysis for all holes with acid to test for additional lithium values
   revised pea
   inclusion of nevada energy/advantages - brine hole - resources
   factor - in the above - then, a new royalty...


Speculative post...
Comment by JMark80 on Jun 11, 2020 9:58pm
Should come back to the CYP board! 
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