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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 trader53on Apr 30, 2024 2:19pm
98 Views
Post# 36015439

RE:RE:Tanco Mine History!

RE:RE:Tanco Mine History!There are times in the market where the share price does not reflect the true value. Sometimes like with PWM the bear lithium market does not recognize the value and the same can be said for a bullish market where the share price far exceeds the true value. A company recently drilled a property for the first time and hit 59 meters of 1.5% lithium and the stock price actually went down. In another example a gold stock that is trading for less than its cash value, go figure gold at an all time high and more cash in the treasury than the market cap of the company. In a bull market 59 meters at 1.5% the share price might have doubled. There is no explanation for why the market reacts in a certain way and that is why I try to stay focused on the actual project and its progress.
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