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

Bullboard Posts

Post by grosdavidon Dec 15, 2017 2:01pm

110 Views

Post# 27166718

I don’t think the market was waiting for this ...

Even though its a pretty awesome thing, that a investment banking firm invests in a small cap exploration company like PWM.

This is a long term investment, there must have been talks with management and Eight Capital have decided to invest an important amount! They invested for a reason, right before the results are released. No firm would throw in 3M$ in a venture cap without having somthing in return ;)

This means new money, stable money and stable shares in good hands = less volatility

Just keeps confirming my money is in the right place.

Good weekend guys
David

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments