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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

Post by trader53on Jan 24, 2022 5:12pm
187 Views
Post# 34355360

Interesting day again!

Interesting day again!Over 300k shares of PWM traded on TSX, Neo and U.S. all of which were traded between .205 and .215.

In reviewing the last three months of trading PWM has traded over 6,000,000 shares on average between .20 and .23. In the previous three months the stock traded about 3,000,000 shares on average between .22 and .23. Over the six month period the low and high was .19 and .28. The base continues to grow and as a trader I have learned that big moves come from big bases. The risk reward trade looks simple, buy at .21 use the break of a 2 1/2  year low of .17 as a stop. With many catalysts now in play I cannot help but believe that PWM will soon break to the upside. GLTA 
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