Power Metals Corp PWRMF

Chart talk posted by LiveToTrade

[trader53]

@LivetoTrade Chart sitting nicely. Overall sitting on a nice flag formation. Two dips to .31 area and found support. A break of .35 takes out the neckline on those dips. All of this with some pretty significant news pending. I know we have our fundamentalists here and so it should be. Just sharing that for me the chart and the last shot at accumulating sub .35 is almost done. On good news we move ahead and I don’t think we see these prices again for a very long time.

[trader53]

I totally agree with you LiveToTrade and from a fundamental standpoint IMO Evans said it all when he did a complete about face on Cesium noting twice in the same interview that there were numerous interested parties. We know they are seeing pollucite as per the latest news release so it's just a matter how much pollucite they are seeing in the core. My guess they are seeing a cesium deposit

[Livetotrade]

They told us in the April 2nd release on seven holes what they found with respect to West Joe and Cesium.  5-15 percent and likely played that estimate safe.   I cannot wait for more facts to emerge now because they hit pollucite and visually observe it   I am curious if this market really understood what it means in terms of the cesium !  Sure it's seven more holes and

[trader53]

An 8 meter intersection of 20% cesium would be a gamechanger. Also more pollucite on  those 200 meter stepouts would add mystery and the question would become how big is this developing cesium deposit? I cannot imagine the revenue per ton  on a high grade near surface deposit with three payable minerals.

[remucker]

even at 5% cesium the returns would be huge . thats around 200 ounces per ton . and a gold mine at one ounce per ton is considerd very rich . and gold is at 2100 a ounce and cesium at 2700 an ounce . also have lithium and tantalium on top of that.  news is just around the corner 

[trader53]

So very true Remucker the fact that Evans twice emphasized that multiple parties  were interested suggests to me that those interested parties in the know see the significance of the visuals of 2 to 8 meters of pollucite and this program is just starting. Could we become another Tanco?