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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 trader53on Mar 27, 2022 5:12pm
136 Views
Post# 34550253

RE:ALL LITHIUM STOCKS RISE...

RE:ALL LITHIUM STOCKS RISE...The finalization of the Sinomine deal, the appointment of a Senior Level Sinomine Executive to the Board of PWM, an offtake agreement for 100% of the Li,T and Cesium from the Case Lake property and the granting of stock options at .29 should lead to the beginning of promotion. It is possible that the market may take another trip into the .20 - .25 range to shake out the weak hands but I doubt it. I fully expect that the story will begin to be told this week or the first week of April. I hope that the stock does pullback as I would be happy to add to my position. My take is you would be stretched to find another risk reward profile like Pwm. Risk a dime to make a dollar please sign me up.
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