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Plateau Energy Metals Inc. PLUUF

Plateau Energy Metals Inc is an exploration stage company. The company is in the process of acquisition, and exploration, and evaluation of mineral properties in Peru. It is principally engaged in the exploration for uranium on its properties located in the Macusani plateau region of southeastern Peru and the Falchani lithium project.


GREY:PLUUF - Post by User

Comment by Austrian007on Jul 04, 2018 9:27pm
115 Views
Post# 28270172

RE:RE:So what will

RE:RE:So what willI think comparison with Gold is misleading...

Gold and silver mining companies can always sell what they produce... they do not ever have to inventory up unless they do it out of choice. & they can sell it at the spot price without issues. 

Certainly not true for most other commodities as the market price is not the clearing price. PLU can max produce 100,000 t of LICO3 pa.... if they try to produce 200,000 or more, they will crash the market price and if they produce much more than that they may not have any takers at whatever price. 

But I entirely agree that PLU will be a world class deposit and its one of my top 3 holdings and I intend holding it for the next several years..


Wever1974 wrote:
    My broker over at Sprott says at a min .gold equivalent.
 of 10-15 mil oz mine .MC is many many many multiples
  15x more at a bare min. Personally I m thinking it’s 25x from
  here and that’s only on the LI .. Truly world class without
  a doubt. Market not paying any attention .Getting ready for
 another msjot leg up.  



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