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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
Post by JBTYCOONon May 12, 2016 10:13am
313 Views
Post# 24865719

RE: HUGE UPSIDE POTENTIAL FOR PE.V

RE: HUGE UPSIDE POTENTIAL FOR PE.V

The facts speak for themselves:  

Hopefully, this should article should engage more productive and intelligent commentary instead of the useless banter from the likes of pumpers!

Pure Energy Minerals
, (TSXV: PE) (FRANKFURT: AHG1: GR) (OTCQB: HMGLF) is in the right place at the right time with an advanced stage exploration and process development (in close collaboration with Tenova Bateman & POSCO) project. Of the seven other publicly listed companies pursing lithium dreams, only Western Lithium has a defined project in Nevada that’s more advanced. It’s difficult to overestimate the significance of Pure Energy’s tight relationships with both Tenova Bateman and POSCO. Pure Energy has been working with both companies for 2-3 years. 

This represents a huge advantage. Peer lithium juniors are hustling to stake more claims and in many cases, first applying for the permits and approvals to begin exploration. This suggests that most peers still require additional equity capital to fund activities that Pure Energy is well beyond.

To be clear, Tenova & POSCO don’t fall into bed with every company with the word “Lithium” in its name. The fact that Pure Energy is one of the few in Nevada with not one but two paradigm shifting technologies to choose from is hugely important.  

P
ure Energy is arguably three years ahead of any Nevada junior and more advanced than most lithium juniors around the world. Time is money, a 3-yr head start is meaningful. Pure Energy has de-risked Clayton Valley and continues to do so in a prudent and efficient fashion.  

Bullboard Posts