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Bullboard - Stock Discussion Forum 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 Discussion

Plateau Energy Metals Inc. > Timelines of next release
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Post by Austrian007 on Feb 23, 2018 8:52pm

Timelines of next release

looks like there is continuous insider buying at PLU... any info about the timing of next release..?

I guess something definitive on the Lithium deposit size / recovery costs should send the stock well over $2

Cheers,
Comment by Konda26 on Feb 24, 2018 1:09am
"The Company has limited cash resources to sustain itself"  "The Company is dependent on obtaining future financing for the exploration and development of its mineral properties and for any new projects. In light of the current economic conditions, there is no assurance that such financing will be available when required, or under favourable terms." 
Comment by Wever1974 on Feb 24, 2018 10:13am
Konda.   Release quoted is standard. That said ,since the new discovery raising $ will not be a issue .should be obvious by insiders buying heavy in open market. Obviously another raise is coming in a few months but at much higher prices and minimal dilution. Based on history the raises  are kept to a minimum to protect existing holders . This is the real deal run by a group of serial ...more  
Comment by Konda26 on Feb 24, 2018 4:38pm
thanks fo rhe clarification, makes sense. 
Comment by Wever1974 on Feb 24, 2018 10:07am
   Story requires patience.  Next release should be in a few weeks   according to previous PR . Drilling is ongoing and proving   up the story. Basis for new resources estimate .  If the overall market holds up I anticipate this stock to  be well over $ by years end, which would still be very chesp on s MC basis assuming it continues proving out.   ...more