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 > Latest push down looks like a share grab.

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Post by trader53on Apr 05, 2024 1:25pm

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Post# 35973297

Latest push down looks like a share grab.

I agree LivetoTrade it certainly suggests someone or some group is quietly accumulating volume. Warratah own 26,000,000 shares of Winsome so I would suggest that if they are happy with PWM progress they will not be happy with their holdings of 3,000,000 shares. Not saying it is them, but I do expect in time they will look to increase their holdings. My eyes are on the exploration program and the results more so than the market. Growing the Cesium tonnage on West Joe and or an MRE between 15,000,000 and 20,000,000 tons on the Main will IMO rerate PWM to $1.25 to $1.50 very quickly.

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