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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

Comment by ronfab1on Mar 19, 2024 10:26pm
118 Views
Post# 35942091

RE:Thoughts on PWM!!

RE:Thoughts on PWM!!Hi trader53.  Yes!  Finally some seemingly positive news and of more news to come.  I am curious about something after reading you mention on the CEO forum today also that you had been reminded by another shareholder that Main and West Joe represent only like 5% in the 2 domes out of 14 that Dr Selway thought might all be similar in their potential.  Hopefully their initial MRE report is not going to have to wait until all that additional exploration and drilling is done?  Obviously with the pace so far that would take decades.

So with the likely upshot here with all of the potential found so far and very likely expanded upon over this 15000 meter program this year .... of Winsome buying Power Metals outright for hopefully a VERY rewarding return to shareholders, which has I've read always been important to Johnathan More .... How does ALL that unexplored but likely huge quantity of what you have mentioned could turn into "district scale" resource get factored into any "sale price"?  Without the decades (if that) wait?
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