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Pure Energy Minerals Ltd V.PE

Alternate Symbol(s):  PEMIF

Metals & Mining Industrial Metals & Minerals
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

Pure Energy Minerals Ltd
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Comment by springinhetveldon Sep 16, 2016 11:49am
214 Views
Post# 25245058

RE:Updated target price & Tesla Off take Agreement

RE:Updated target price & Tesla Off take Agreement
Bwenzel wrote: Good Afternoon,

Has anyone seen an updated target price on this conmpany? I see that Dundee capital markets has a "Not Rated" on this company... which is odd!!

I thought that I had read a wihile back they claimed that they had a possible offtake agrrement with Tesla... was that all smoke and mirrors or possibly the deal went sideways?

 If anyone has anythoughts on my above comments it would be great to hear from you.

Thank you,
Blaine

I have my own price target for this company if you are interested....

Yes, they have an agreement with Tesla and that is still very much in place. It is, however, under NDA and Tesla is extremely strickt with all its NDAs (read about the South-Korean company that got fined by Tesla for breaching their NDA with them). Just like BCN/REM (the other Lithium supplier to have a deal with Tesla) nothing is mentioned about the work that is done for Tesla. This is why all three (PE, BCN and REM) are significantly undervalued at present IMHO. They can not keep the market informed about what they are doing behind the Tesla NDA screen. Once the NDA gets lifted what these 3 stocks go .......BOOOM!!!!


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Dealroom for high-potential pre-IPO opportunities