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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 Sep 27, 2023 5:26pm
148 Views
Post# 35658042

Markets turn bearish

Markets turn bearish Not sure what to say other than the lithium market has turned very bearish. I added to my position today at .335 and I intend to keep adding every 1/2 cent. I admit it is not easy but I just believe the risk/reward profile for PWM could not be better long term. Have been told the boots on the ground is ongoing and a timeframe of eight weeks was scheduled from day one. I see this as a good thing as they must be looking at multiple promising lidar and the mag images and want to get a closer look before rushing into a drill program.
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