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Power Metals Corp V.PWM

Alternate Symbol(s):  PWRMF

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 .


TSXV:PWM - Post by User

Comment by PeterOffDutyon Jun 25, 2020 11:52am
101 Views
Post# 31190675

RE:Confidence vs. Emotional Response

RE:Confidence vs. Emotional ResponseThank you for the reasonable/logical summary. Nice to know management has confidence in their work/investment. Helps us shareholders to feel that we are heading in the right direction.

GLTA!


GeneEric wrote:


I've also spoken with Johnathan. Great guy, very easy to talk to and you get the sense he's appreciative of investor support and is rooting for us.

 

I've been very hesitant to share any details from that call because I don't want to mislead anyone. There are no concrete dates, nor are there any promises being made. The short and sweet version of it is that they have indeed been in talks and are working out a deal for a partner to come in and do the mining. Johnathan and his team, as we all know, are good at finding. They need a partner who is good at mining. I would expect that a deal should be on paper soon, and news will come out then. Why release news before it's on paper? That would be misleading and nobody wants a rollercoaster ride with their money at stake.

 

To me, knowing that they are looking for a partner says a lot. It says:

1. They aren't looking to dilute. They are invested in their find.

2. They are not just selling it to the highest bidder, and they understand the value of what they've found.

3. They are doing the work we, as investors, would expect them to do. They can't mine it themselves, so they are finding someone to do it for a cut.

4. We should follow their lead and take our time to make the best, most informed decision about our investments.

 

 

Please don't just take my thoughts on this as fact or advice. Do your due diligence. Look up what cesium is required for, why it's important for national security, what role it plays in tech, who refines it, who buys it, etc. etc. While you're at it, look up who would be interested in mining it, what their history is, what other operations they have. If you are just following the herd, then you're likely more succeptible to misinformation. Be part of a strong investor base and let's see this thing fly.

 

 



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