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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Post by trader53on Feb 07, 2022 5:57pm

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Post# 34406611

A perfect example of accumulation today

Opened off a 90k .23 bid with an ask of 35000 at .24. With 800 k on the bid between .20 and .23 not one bidder decided to step into the .24 offer. By 11:30 am Vancouver time the ask grew to 168,000 shares at .24 and in less than an hour every share was lifted from the offer. Pwm has been basing in a tight range for over ten months with an average range of .03 and my experience with these tight ranges is when they breakout they usually explode out of the range. GLTA

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