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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 Chrysanthalason Mar 08, 2018 9:31pm
97 Views
Post# 27688297

RE:RE:RE:Lithium

RE:RE:RE:LithiumSo, after they released their ppa they more or less said they were looking to start production 2 years from that time.  Theres a reason for that.  Almost all the lithium miners with any brains at all are delaying and watching the demand for lithium to rise so that they can lock in contract prices per ton at a higher rate.

Its been pretty clear from the start.  I'm pretty certain their tech is pretty good sucking the lithium out in short order, the resource won't last that long at the rate they would produce at so they want to be sure they can lock in the best price for their production.

With all the companies going electric and looking at solid lithium tech for battery design, much less what samsung and toyota are designing alone lithium demand will be higher two years from now than it is now, hockey stick prices possibly.  When last I checked in lithium was retailing for about 9500 a metric ton, any idea now?
Bullboard Posts