Pure Energy Minerals Ltd V.PE

Alternate Symbol(s): PEMIF

Metals & Mining Industrial Metals & Minerals

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.

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Pure Energy Minerals Ltd

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Post by phigmenton Jan 22, 2021 1:04pm

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Post# 32360340

What's causing the run up?

Hi,
Been watching for a while. Any news that's causing the run up? Is PE just catching up to the rest of the lithium run ups?

One thing I did notice is that Albemarle was required to submit evidence for a hearing of proof of benefitial use of their water rights. This was due on March 8th. PE stock started rising then. Is is possible they didn't submit proof, or that it was so weak that they will likely lose their water rights?

That would be great for PE as it would then have a lot of water rights up for grabs.

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