Topic: How To Invest

Q: Hi, Pat. Thank you for sharing your wisdom and advice. Could you update your thoughts on PLU (Plateau Energy) and its latest stock decline? Thanks. Keep up the good work. Take care.

Article Excerpt

A: Plateau Energy Metals, $0.26, symbol PLU on the Toronto Venture Exchange (Shares outstanding: 79.5 million; Market cap: $20.7 million; www.plateauenergymetals.com), is a Canadian lithium and uranium exploration and development company working in southeastern Peru. The company was formerly known as Plateau Uranium, but changed its name to Plateau Energy Metals in March 2018. The miner is currently focused on the exploration, evaluation, and development of two large projects. The Falchani lithium project: Lithium is a highly sought-after element used in the fast-growing battery technology industry. This project centres on what the company believes is the 6th largest battery-grade lithium deposit in the world, located in an area with good access to infrastructure, water and cheap power. It’s also suitable for open-pit mining and has the potential to be a huge, low-cost operation. The Macusani uranium project: Plateau controls all of the known uranium deposits in Peru, currently estimated at 125 million pounds. Because of the site geology and its proximity to infrastructure,…