GREY:NMKEF - Post by User
Post by
will.caon May 10, 2016 8:05pm
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Post# 24860062
Poor results from Pure Energy Minerals (PE) today
Poor results from Pure Energy Minerals (PE) today
https://finance.yahoo.com/news/pure-energy-minerals-announces-results-151236232.html
3 of their new wells basically showed no lithium at all. Stock got hit -30%. Hopefully no one here was holding that one. Lithium X has a neighboring property (Clayton Valley, NV) and they got hit as well by association but recovered most of the loss by the end of the day.
Definitely good news for NMX if the brine producers in Nevada have poor results.
Map of the area.
https://www.thenewswire.com/client_files/tnwK8AxWD.png
Wells CV4, CV5, CV6 were all duds.