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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 Mar 06, 2022 12:47am
273 Views
Post# 34487636

I am very long PWM

I am very long PWM and will remain long for one reason only and that is the quotes from Dr Julie who believes that Case Lake could be another Sinclair Mine. I am just not certain that Sinomine will be an acceptable Partner as the Canadian Government understands that Sinomine is a Chinese State owned Company. The sentiment has definitely changed over the last few weeks and I am not sure what to make of it. It would be very easy for our Government to play hardball over this proposed deal. Like not granting permits for further exploration. If I am wrong, there will be an acceptable offtake agreement completed and in that case PWM will be repriced in very short order. GLTA 
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