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Bullboard - Stock Discussion Forum
Power Metals Corp
V.PWM
Alternate Symbol(s):
PWRMF
Metals & Mining
Industrial Metals & Minerals
Power Metals Corp. is a Canada-based diversified mining company. The principal business of the Company is the acquisition, exploration and evaluation of resource properties. Its exploration project includes Case Lake property. Case Lake Property is located in Steele and Case townships, 80 km east of Cochrane, NE Ontario, close to the Ontario-Quebec border. The Case Lake pegmatite swarm consists...
of six spodumene dykes: North, Main, South, East and Northeast Dykes on the Henry Dome and the West Joe Dyke on a new tonalite dome. The Case Lake Property is 10 km x 9.5 km in size and consists of 475 cell claims. The Case Lake pegmatite swarm occurs along a sub provincial boundary between the metasedimentary Opatica Sub province to the north and greenstone Abitibi Sub province to the south. The Company has staked the Pelletier Project consisting of approximately 337 mineral claims that account for total surface area of 7000 hectares in northeast Ontario , approximately 50 km south of Hearst .
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Bullboard (TSXV:PWM)
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(271)
•••
trader53
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Comment by
trader53
on Mar 23, 2024 4:05pm
RE:RE:RE:drilling
My take is Winsome sees Case Lake as a tidy exremely low cost opportunity to generate cash flow. A tidy easy to mine cash cow will provide them with the cash flow to continue their exploration work in
...more
(223)
•••
frewil11
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Comment by
frewil11
on Mar 23, 2024 2:50pm
RE:RE:RE:drilling
Winsome does not have control of Power Metals , they own just under 20 % of the shares , now if Winsome or another company makes an offer then we would vote if we wanted to accept , now that being
...more
Silvercorp to Acquire Adventus, Creating a Diversified Mining Company
posted May 02, 2024 9:00am by
Adventus Mining Corp.
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Under the terms of the Arrangement Agreement, each holder of the common shares of Adventus will receive 0.1015 of one Silvercorp common share in exchange for each Adventus Share at the effective time of the Transaction. The Exchange Ratio implies consideration of C$0.50 per Adventus Share ...read more
(28)
•••
Ricky55
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Comment by
Ricky55
on Mar 23, 2024 10:04am
RE:RE:drilling
I guess you are right on that because Cesium is rare and most of it is controled by we kwow who.But for me,it is not sure that US or Canada will be abble to grab Cesium from Windsome because PWM will
...more
(27)
•••
remucker
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Comment by
remucker
on Mar 22, 2024 7:08pm
RE:RE:RE:RE:drilling
if their doing short holes they will spend a lot of time moving and setting up . if they have to take time to be sure they are on target . all the better
(223)
•••
frewil11
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Comment by
frewil11
on Mar 22, 2024 2:15pm
RE:RE:RE:RE:drilling
I am just happy the drill is turning now , Cheers.
(13)
•••
Chiefmombo
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Comment by
Chiefmombo
on Mar 22, 2024 12:19pm
RE:RE:RE:drilling
Sure that's fair they've only be drilling for a 3 weeks, but a good driller can get 100m done in a day. This is only 32 per day
(223)
•••
frewil11
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Comment by
frewil11
on Mar 22, 2024 10:36am
RE:RE:drilling
I guess you have to look at the update that the drill rig was mobilized and on property which was Feb 29th , but ya it has been a very slow drawn out operation to say the least.
(13)
•••
Chiefmombo
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Comment by
Chiefmombo
on Mar 22, 2024 10:26am
RE:drilling
As per the news release on March 19th there's only been 615 metres of the 4,000 completed. Going very slow....
(271)
•••
trader53
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Comment by
trader53
on Mar 21, 2024 11:03pm
RE:drilling
If PWM discover a sizeable Cesium Deposit the US Dept of Defence along with Canada will want ever ounce which could mean a real push to get the worlds only cesium mine into production. It would be a
...more
(27)
•••
remucker
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Post by
remucker
on Mar 21, 2024 4:30pm
drilling
they should be done drilling the main and moved onto the west joe by now and hopefully find some long intervals of high grade cesium
(271)
•••
trader53
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Post by
trader53
on Mar 20, 2024 11:26pm
Please excuse my spelling of spodumene!
typing too fast.
(271)
•••
trader53
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Comment by
trader53
on Mar 20, 2024 11:22pm
RE:RE:Thoughts on PWM!!
Great question my take is they are putting their focus on the Main and West Joe in order to release an MRE this year. I believe that Winsome will immediately move towards a production decision on the
...more
(5)
•••
ronfab1
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Comment by
ronfab1
on Mar 19, 2024 10:26pm
RE:Thoughts on PWM!!
Hi trader53. Yes! Finally some seemingly positive news and of more news to come. I am curious about something after reading you mention on the CEO forum today also that you had been
...more
(16)
•••
oldmilwaukee24
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Comment by
oldmilwaukee24
on Mar 19, 2024 10:57am
RE:RE:Thoughts on PWM!!
Yep...this is what we've been impatiently waiting on for so long. Well, at least me. I have not been more excited about this project than I am right now. Feels like we are getting close!
...more
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