Plateau Energy Metals Inc. PLUUF

RE:buy?

[agoober]

Tough to say. Depends on what your thoughts are on the political situation down in Peru and whether or not you believe the Peruvian government, more specifically, Aduviri, will allow the Falchani mine to get built. Wihout a doubt there is a large enough resource to allow for a mine to be built, but the question of permitting still remains and is what most investors are pondering. Aduviris recent comments have definitely played a part in the recent decline in share price as he is not the most mining friendly governer and the downtrend in the TSXV index is not helping thr case for PLU either. An ebbing tide lowers all boats. Getting back to the political aspect, I expect a decision to be reached within the next 3-4 months but god only knows.