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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. The Company is engaged in the exploration and development of mineral properties. Its Clayton Valley lithium brine project (CV Project) is located in Esmeralda County, Nevada. The Clayton Valley Project contains an inferred mineral resource of approximately 218,000 tons of lithium carbonate equivalent (LCE). The Clayton Valley Project is located in central Esmeralda County, Nevada, approximately halfway between Las Vegas and Reno, Nevada, United States. Its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprises 950 claims over 23,360 acres (9,450 hectares). In addition, the Company is focused on new processing technologies for lithium through its collaboration with global multinational technology partners such as Tenova Advanced Technologies, at the process testing, engineering, and design stage on the Clayton Valley Project.


TSXV:PE - Post by User

Bullboard Posts
Comment by Clutchanon Jan 09, 2016 8:12pm
220 Views
Post# 24443957

RE:RE:Be patient

RE:RE:Be patient It's not so much that they "blew it" Pure was predictable and a prime focus for a Tesla deal, it was pumped and promoted as so since like .40    Hype brought it up up and up and when the news came out the early entrants and people who bought in anywhere from .40-.60+ sold because they just got 40-60% gain..  Considering they have holes in the ground, the pull back wasn't a huge shock. 

And you must of spoke with him after my friend had since you heard of delays but regardless whether it's january or February, that'll still be (good) anticipated news to come out. 

Also as for funding, I'm sure lenders will be more easily convinced with providing help now that pure has tesla backing them up. 

2016 will be good for pure, taking into account they have more work to do before coming into production etc other functioning lithium producers have much higher caps and share prices, considering pure has a cheaper method of extraction and processing. It's not much speculation that we can see this either match or exceed other companies, and as far as investing.. If you believe in lithium as a big player in the future, these prices are even still a steal of a deal. 


As mad for speculation i think we'll get either bought out or have an offer put in by albemarle, why would Albemarle buy silverpeaks mine when it's at its end of mine life for 6billion, just happens to be adjacent to Pure, who now has a deal with tesla..  But that's just my guess 
Bullboard Posts