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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 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

Post by Livetotradeon Nov 19, 2021 6:04pm
211 Views
Post# 34148260

Solid Week

Solid Week

Positives for the week!

- AGM date set and docs on Sedar Nov 17
- Price move with Volume.
- Weekly close at high for week
- Backtested .215
 

Looking forward to the financial arrangement.  The Oct 12 and Sedar docs confirm need for funding but they won't be giving this away.   I expect just enough of a financial deal to prove more resources and maximize any joint venture or offtake arrangement.  I think they have offers but I confirms to me they are seen as undervalued.   Time will tell and apparently a bit faster than I expected.  


Glta
Live 

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