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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 > PILOT PLANT
View:
Post by Wangotango67 on Jun 17, 2020 11:21am

PILOT PLANT

PE originally commissioned - Tenova - to build  the Pilot Plant -
Change Up - Schlumberger will handle the pilot plant, themselves.

FORMER PRESS
SLB plans to utilize both in-house and commercially available technology in the design of the CV pilot plant, including several components derived from Pure Energy's previous studies. SLB's costs, technical parameters and ultimate technology are anticipated to differ from the published PEA.

SLB -
Oilfield services giant Schlumberger is set to enter the lithium space having signed an earn-in agreement with Pure Energy Minerals for the development of the Clayton Valley lithium project in Nevada, USA, as Republican senator Lisa Murkowski introduces the American Mineral Security Act bill.

LINK -

https://www.mining-journal.com/energy-minerals-news/news/1362250/schlumberger-signs-lithium-deal-as-us-accepts-battery-arms-race

FORMER PRESS
As preparation and project work by SLB proceed at the CV Project, Pure Energy plans to make periodic updates to shareholders. "Pure Energy is very pleased that Schlumberger is moving forward in the design and regulatory steps for construction of the new pilot plant. SLB brings significant capability and technical expertise to the CV Project and is focused on the project's potential," stated Mary Little on behalf of Pure Energy.

Appears PE  has awoken - UPDATE - would be good - 
Will PE or Schlumberger deliver update news of, some sorts -
due to sudden onslaught of, trading volumes ?


I KNOW WHAT UPDATE  I'D LIKE TO SEE - PROVIDE DIRECTION
- Core assays define an ore resource to back brine resource  - seeking out exact kind of  
  lithium - better understand the basin could be two or more kinds of lithium - chloride,  
  carbonate, hydroxide, suphide etc.

- Update on drilling - pics - what stage - - - have CV 9 brines been sent off for assaying - 
  have cores been kept for additional assaying ?   

- Retesting of original brine holes - dilute acid or chloride in hopes of higher lithium yield
  perhaps a confirmation of,  presence of carbonate lithium suspension in brines...?

- Seeking out nearby jv with peers - additional lands - to signify - PE + Schlumberger
  will take the lead and scale to district size - gear model the basin = pro brines

- Some sort of update pertaining to a revision of, PEA....incorporating the NEV  holes...
  and perhaps other former holes - if tests were performed from potentiial hidden - lithium


Remaining silent when stock has awoken...would make no sense.
PE still has a - piece of the project - and as so - should still be there for shareholders.
Not just sitting back and letting Schluimberger, do the work..

I  would hope PE  has good correspondence with Schlumberger, and on the side still try
to bring all the more value to shareholders - being that juniors who seeks to grow the project  along side of Schlumberger - seeking jv's for further shareholder value - showing leadership and direction - on a larger scale - mine modelling clayton basin pushing for a larger brine footprint -  if no update - will speak volumes... anything to do with PE recent share purchase ?

American Lithium is sure climbing the charts...
Makes one wonder if, Nevada is providing more direction tothe lithium juniors...
In a manner of... yes, this one can proceed with thier project - isolated clay project won't interfere - or - brine project can proceed - etc....A few Nevada lithium juniors seem to be 
waking up... sure begs the question - has something significant occured to merit the action ?
Time will Tell.


Just my own opinion.
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