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 .

TSXV:PWM - Post by User

Power Metals Corp

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Post by trader53on Feb 19, 2022 1:52pm

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Post# 34445086

Market takes a breather!

On the Wednesday close PWM looked ready to break into the thirties. Level two was heavy loaded on the bid side with 100k at .295, 310,000k at .29 and 175k at .285. On Thursday open a block of approximately 500,000 shares on the sell side was sold into the market within half an hour. These shares were absorbed between .27 and .29. I suspect the market will stay in this range for a couple of days before it breaks into the thirties. IMO any pullback below .27 would be a buy and I am hoping to add to my position in this range. I believe we are in the early stages of accumulation markup before the play genuinely starts to move on news.GLTA

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