Desk · Exploration · Mixed basket
NASDAQ:TREO
Tactical Resources
Nasdaq as of 20 Aug via Plum SPAC. Peak Project is 1.5 Mt of already-mined Sierra Blanca tailings, two miles from Round Top. Listing is four days old. The resource is not a resource yet.
Building
Pulse Timeline
Isoelectric line is the baseline Pulse. Spike height is catalyst strength. Wide gaps or a flat line = stalled progress / life support.
- 1) 08-20 Nasdaq
- 2) 12-01 MRE
Lead II · 25 mm/s · Pulse 10 mm/mV · snapshot 2026-08-22
Building
Cadence is real, not yet a cluster. Next print has to land.
- Last beat
- 2d
- Beats / 90d
- 1
- Recent gap
- —
1 beats in 180d
- — Last material beat 2d ago — Nasdaq listing as TREO (Plum combo).
- — Next: Maiden resource / lease option close on Sierra Blanca Quarry (101d).
- — US listing is done. Pulse is the asset, not the ticker.
Trading
- Last
- $7.05
- 1d
- -1.7%
- Mkt cap
- $85M
- Volume
- 40k
- 52-week
- $6.20 – $9.20
- 1m
- —
- 3m
- —
- 1y
- —
Shares 13.6m basic · snapshot, not a live tape
Company & people
HQ
Vancouver / Texas
Focus
Mixed basket · Hard rock
CEO Ranjeet Sundher
- Ranjeet Sundher, CEO
- Mark Mukhija, P.Eng., Director
4-for-1 consolidation into the Nasdaq print. ~13.6m shares out. Watch lockups from the Plum combo.
Mine / project
Flagship
Peak (Sierra Blanca quarry tailings)
Location
Hudspeth County, Texas — 2 miles SE of Round Top / 68 mi SE of El Paso · United States
Deposit
Rhyolite-hosted REE in biotite (Sierra Blanca laccolith) + quarry tailings
Resource
No NI 43-101 / S-K 1300. 1.5 Mt already-mined tailings/feedstock plus option on the Sierra Blanca quarry lease. Same geological complex as USAR’s Round Top. Maiden resource is the next real print.
NdPr / MagREO
QP-verified leach tests: 88–93% TREE+Y extraction on composites (30/60 µm). Direct-to-leach claim. Treat as met R&D until a resource exists.
Radioactivity
Moderate — typical monazite / carbonatite
No MagREO denominator. Do not invent one from 1.5 Mt of unassayed tailings.
Capital, loans, grants & support
SPAC combo treasury. 13.6m shares out post 4-for-1. Runway vs a resource drill is the tell.
Texas / Sierra Blanca Quarry partner
Operating quarry, surface tailings, lease option — infrastructure is the pitch
The Pulse
Nasdaq is four days old. Peak is a tailings pile next to Round Top, not a mine plan. 88–93% leach on composites is a start. Pulse is a maiden resource and a plant that is more than a rendering. Do not confuse a ticker with tonnes — that is the EMAT lesson, applied to Texas.
Nasdaq Capital Market as of 20 Aug 2026 (Plum Acquisition Corp. III combo, 4-for-1 consolidation). Listing work is done. The asset work is not.
Next: 1 Dec 2026 — Maiden resource / lease option close on Sierra Blanca Quarry
Catalysts
- 20 Aug 2026Nasdaq listing as TREO (Plum combo) listing
Journal
Desk note
Stays on this device. Not the press release.
Pulse = Catalyst proximity + government/strategic support + Nasdaq-path / listing signals + valuation & execution + stage progress. Method