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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 Investtowin99on Nov 16, 2018 2:05am
64 Views
Post# 28984097

RE:Recent weakness

RE:Recent weaknessthx, JuanPeru, for the information (had also seen the interview). Not sure though if stockprice weakness is specifically tied to this interview as I can point out dozens of juniors where there is similar price weakness. My guess it's more general market-related as many stocks have been hammered. Good news there is that many, many technical and sentiment-indicators are pointing to the probability of a strong rally in the coming period (best research to follow in that regards is www.sentimentrader.com). Moreover, uranium has breached the 29 USD-barrier and Cameco yesterday impressively rebounded. Juniors should follow when calm returns to the markets. As to Aduviri and his comments about "shameless pillaging" an "not seeing benefits", I can only shake my head about this nonsense-populist-remarks as Peru has gained immensely from mining (https://revista.drclas.harvard.edu/book/mining-and-economic-development-peru). I hope and believe there can be a win-win for Puno and Plateau, let's indeed first await developments from the federal level where President Vizcarra seems to be doing a great job and has his approval ratings are up to 62%.
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