Power Metals Corp V.PWM

Bear Market in Lithium Junior Explorers

[trader53]

Normally I would be on the edge of my seat waiting for assays however it has become very clear that the Lithium bear is in place and the market is showing no interest in Lithium Explorers. When I see an assay of 95 meters of 1.3% lithium from surface and the stock sells off it becomes clear that this bear is alive and growling on the TSX Venture. It totally sucks! For the time being IMO the only hope for PWM to build value while this bear still exists will be the development of the only mineable cesium deposit on the globe. Will be watching West Joe results with much interest.

[VeritasVern]

That might be part of what seems to be transpiring but I've seen this type of movement many times over the years and its typically for the same reasons. Given this is a micro-cap stock, it gets virtually no interest from the large brokers. Any news that is released that is not overly material, tends to result in higher volume followed by profit taking which drives the price back down. We'