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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 trader53on Aug 09, 2023 5:22pm
158 Views
Post# 35580485

Todays trading!

Todays trading!Another day over 1,500,000 shares traded! What's more interesting is 345,000 shares traded on the Venture exchange, 691,000 shares traded on the ATS exchange and 502,000 on the U.S. exchange! Another day of Institutional funds lifting more shares from the retail community. Traders not paying attention to the ATS exchanges had no idea that twice as many shares traded in the dark market. The lack of news is playing into the Funds hands as impatience and fear of a pullback to the twenties retail holders panic and convert their paper to cash. Over the last two months PWM has traded over 74,000,000 shares out of a float of 127,000,000. This is a tightly wound spring and I think many will be shocked how tight the share structure will become once it breaks out to new highs.
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