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 Livetotradeon Aug 02, 2023 9:33am

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Post# 35568641

.77 Target

Two possibilities for the chart now for me:

1) Completed a double bottom pattern off the .57 high and the two tests of .40 area and old resistance. That is essentially complete now and a break over .46 sets direction toward .77 as the next target.

2) Cup and Handle still in formation and stock is range bound a few more weeks between .37-.50.

I like option one best but both are solid patterns pointing to an uptrend continuing.

Not a lot of time to buy now.

Glta

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