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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. > Time to punt PLU
View:
Post by creamofwhat on Sep 05, 2019 1:30pm

Time to punt PLU

History repeats itself, when a non producing mature company (stock ) with no income makes an offering to consumers, ie: warrents, the company is in distress. Next step will be trying to find a lender, of course there will be lenders available, but usually at 10% or higher interest rates. RISK is a very dirty four letter word in the case of PLU.An offering is a very very bad sign for investment and it is exponentially increased when you involve governments . And increased exponentially again with a corrupt south american country.
Comment by McInvestor on Sep 05, 2019 5:39pm
How do non-revenue generating companies fund operations if not through issuing shares?