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 .

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Power Metals Corp

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Comment by MaxByrneon Sep 06, 2018 8:48am

107 Views

Post# 28570814

RE:WOW !!! .25 !!! Unbelievable !!!

More like something "went" on here. They pumped out drill results as though they were building reserves on a gold play. Spodumene deposits are much more homogeneous and predictable than gold zones. They used those press releases to run up the stock. This spodumene deposit can never be mined economically due to the difficulty of separating the spodumene from the waste rock. I wonder who dumped their paper into the rally.....? Just another reason the TSXV has lost all credibility with me.

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