Power Metals Corp V.PWM

post from Brineboys

[trader53]

@Brineboys @Kaiser999. I think the market grapples with not knowing the actual size of the resource, unconfirmed metallurgy (not worried at all about that, I have not seen a Li/Ta deposit with high Mica and Iron..ever!) and a production profile via a PEA. I think the stock is worth 1.50 cdn despite that. Right now It's probally north of 10 million tonnes Li Eq once you factor in 250-300ppm Tantalum. Those TA grades at West Joe are bonanza grades imo. Then throw on the Cesium, how much is there though... ? But I think things will become clear in the spring once the 20k drilling is complete, a resource estimate is completed and bulk sampling starts. For me the real find would be finding something in the gap between West Joe and the Main Dyke but no data on soil samples and surface sampling. One thing is clear though... its a big system that has higher grades going West from the Main Dyke, so I am convinced there is a zone in between them. Likely under bush cover but the company believes they can find it. If they do, theres a chance this can grow close to 20 million tonnes Li at 1.7pct with high grade TA ad Cesium. If they dont find another zone, it's likely a very high grade 2pct Li eqivalent at surface, with economic TA and Cesium. With no processing costs due to Sinomine's off-take as you said.