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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 rockmoneyon Aug 08, 2019 4:34pm
106 Views
Post# 30008439

RE:Speculative investment in Peru

RE:Speculative investment in PeruUttter nonsense. Even a pure spec stock has some value, the shell/listing value as a minmum. In PLU's case the value is what the market will pay for their mineral discovery, in their case Li and U deposits. Li in particar has been a darling so-called battery metal.

So when a project has intrinsic and economic value that analysts and investors can quantify and compare to peer projects around the world, that is real value that the market pays for.

In PLU's case, mangement destoryed signifciant shareholder vlaue by failing to maintain their concessions. Management failed and the comapny suffered. This was a black swan risk event. Yes it happened and its tough luck to shareholders. 

To say all mining stocks have zero value is just plain absurd and unintelligent.
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