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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 springinhetveldon Aug 24, 2016 10:30am
133 Views
Post# 25171520

RE:RE:NEWS!

RE:RE:NEWS!
springinhetveld wrote: Market does not seem to like it!

Guess market things that the claims PE had are not enough to warrant a good business (or rather mining) case. So market things PE needs additional land to keep searching........

And Cypress dumping the land as it is in itself also not enough for a mine. The two pieces together may be enough..... 



...but...it could also be a very smart move from PE to take this option before they announce the results of their drilling which is basically "next door". So if the PE drilling was good (if not great) and they at the same time enhance their share of land this could be very good. 

Just noticed that the "downfall" of the SP is based on very very few trades with very low volume. So someone is trying to scare us..... Could all be very good news......
Bullboard Posts