Topic: How To Invest

Q: Hi. I was curious what your thoughts are on Plateau Energy Metals Inc. Thanks. Take care.

Article Excerpt

A: Plateau Energy Metals, $0.87, symbol PLU on the Toronto Venture Exchange (Shares outstanding: 71.6 million; Market cap: $62.3 million; www.plateauenergymetals.com), is a Canadian lithium and uranium exploration and development company focused on its properties on the Macusani Plateau in southeastern Peru. The company was formerly known as Plateau Uranium, but changed its name to Plateau Energy Metals in March 2018. Today, its focus is on both lithium and uranium. Each of those is found in the Puno District of southeastern Peru. That area is near the border with Bolivia and Lake Titicaca. On its Falchani property, Plateau has so far outlined a deposit of 2.5 million tonnes of high-grade lithium. On its nearby Macusani property, it has defined a large uranium resource of 124 million pounds. A key factor in being able to, at some point, mine the uranium and lithium deposits is their location in Puno’s Area of Cultural and Archeological Significance. Plateau believes that the new Falchani lithium discovery area…