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Bullboard - Stock Discussion Forum 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... see more

TSXV:PWM - Post Discussion

Power Metals Corp > drilling
View:
Post by remucker on Mar 21, 2024 4:30pm

drilling

they should be done drilling the main and moved onto the west joe by now  and hopefully  find some long  intervals of high grade cesium
Comment by trader53 on Mar 21, 2024 11:03pm
If PWM discover a sizeable Cesium Deposit the US Dept of Defence along with Canada will want ever ounce which could mean a real push to get the worlds only cesium mine into production. It would be a company maker overnight!
Comment by Ricky55 on Mar 23, 2024 10:04am
I guess you are right on that because Cesium is rare and most of it is controled by we kwow who.But for me,it is not sure that US or Canada will be abble to grab Cesium from Windsome because PWM will probably be in the full control of Australia.(Windsome) If we go back in the last news realease,PWM own Decelles,Mazerac,Pelletier projects and all three shows Lithium Cesium Tantalun!With Case Lake ...more  
Comment by frewil11 on Mar 23, 2024 2:50pm
Winsome does not have control of Power Metals , they own just under 20 % of the shares , now if Winsome or another company makes an offer then we would vote if we wanted to accept , now that being said that is a very high percentage of it happening. 
Comment by Ricky55 on Mar 25, 2024 12:00pm
Thanks for your reply! One thing is for sure,there's a lot happening in this small equity PWM.... I like that and I have increased my position in the last couple of months! let see what s comming ......
Comment by trader53 on Mar 23, 2024 4:05pm
My take is Winsome sees Case Lake as a tidy exremely low cost opportunity to generate cash flow. A tidy easy to mine cash cow will provide them with the cash flow to continue their exploration work in Canada. Having said this they also have the expertise to take a deposit into production. Canada and the U.S. import every ounce of Cesium from China and because it is becoming more of a National ...more  
Comment by Ricky55 on Mar 25, 2024 12:17pm
Very good comment, It seems that all the littles news from the last couple of years and months,are starting to become more of bigs news coming if we add them together! If they announce results of more Csium in the current drilling,that will start to become quite serious for thoses who depend on this rare metal,especially US ,Canada and others country. How they will managed to keep the resources in ...more  
Comment by trader53 on Mar 25, 2024 12:28pm
There is much that I am not seriously confident of when it comes to PWM but one thing I am very confident of is PWM discovers a mineable high grade Cesium Deposit there is no way Canada and the US won't jump in and secure an offtake of 100% of the Cesium. Very confident about this.
Comment by ronfab1 on Mar 26, 2024 11:48am
@trader53 .... as I'd imagine all of us that are bullish on and invested in Power Metals want as much news possible and great shared DD out there, I have quoted some of yours (with attribution certainly) on other boards.  I mentioned RickJensen on Seeking Alpha to you before as he is who alerted us to this board and the knowledgeable posts from many as well as the  CEO.CA board ...more  
Comment by Chiefmombo on Mar 22, 2024 10:26am
As per the news release on March 19th there's only been 615 metres of the 4,000 completed. Going very slow....
Comment by frewil11 on Mar 22, 2024 10:36am
I guess you have to look at the update that the drill rig was mobilized and on property which was Feb 29th , but ya it has been a very slow drawn out operation to say the least.
Comment by Chiefmombo on Mar 22, 2024 12:19pm
Sure that's fair they've only be drilling for a 3 weeks, but a good driller can get 100m done in a day. This is only 32 per day 
Comment by frewil11 on Mar 22, 2024 2:15pm
I am just happy the drill is turning now , Cheers.
Comment by remucker on Mar 22, 2024 7:08pm
if their doing short holes they will spend a lot of time  moving and setting up . if they have to take  time to be sure they are on target . all the better