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Bullboard - Stock Discussion Forum Plateau Energy Metals Inc. PLUUF

Energy
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 Discussion

Plateau Energy Metals Inc. > What are we waiting for?
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Post by GreenReturns1 on Dec 18, 2017 2:09pm

What are we waiting for?

As a new investor just wanting to get some insight into what is holding the stock back...

I'm not meaning specifically the SP - but this board is dead and the volume tells the same story - why is this play still so undervalued?

I get the fact that these are hard times for Uranium, but with the Lithium/Uranium play in Peru we have lots of upside to look forward to in 2018... 

Any thoughts on what's holding PLU back right now?
Comment by tankumo on Dec 19, 2017 1:48am
If I look at the chart now, it has gone up a lot, it is now in consolidation mode, and I am guessing a cup with handle formation, the left side being February 2017, the right side of the cup being Nov-Dec 2017. Or some may say this is a flag and pennant pattern, like a flag pole, we are in consolidation mode before blasting higher. Just my opinion of course, I can be wrong. It can also be a ...more  
Comment by GreenReturns1 on Dec 19, 2017 4:12pm
Thanks Tank, Any thoughts on what kind of catalysts we can hope for in early 2018? More drill results? A JV? 
Comment by tankumo on Dec 20, 2017 1:24am
Catalysts will be like, for example, some countries cutting more uranium production, or maybe PLU has good Lithium development, or maybe some other uranium companies got bought out so other investors may speculate PLU being an acquisition target.....etc.
Plateau Energy Metals Inc.