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Pure Energy Minerals Ltd PEMIF


Primary Symbol: V.PE

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.


TSXV:PE - Post by User

Comment by cyber37on Oct 07, 2021 2:19pm
152 Views
Post# 33983205

RE:RE:I see 2.40 .

RE:RE:I see 2.40 .Resistance to sell is what drives price up…..providing there is a reason to buy stock like PE to start in a first place. Since I’m comfortable with position I have I’m not buying any more; however I did not sell at $2.45 either because I think this is a double even from that level.
Pure Energy is currently at the mercy of Schlumberger as per news release from January 2021. Schlumberger is running all the tests, doing all the foot work, research, engineering etc., that comes with the development of a pilot plant. Proximity to Tesla giga factory, industry major as a partner that foots the bill & the necessary water rights that PE has are my reasons to hold this stock a bit longer.   
G37

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