Power Metals Corp V.PWM

Alternate Symbol(s): PWRMF

Metals & Mining Industrial Metals & Minerals

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 .

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Power Metals Corp

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Post by trader53on Jun 22, 2024 10:05am

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Post# 36101448

Its confirmed!

 					Its confirmed now there was a huge simultaneous selloff of hundreds of Companies on the Venture market yesterday and the TSX surveillance received multiple complaints from CEO's. They confirmed they were aware of it and their initial belief is it was an algo programmed incorrectly. The Companies are demanding answers so hopefully we see answers next week. This certainly shines a light on how these funds are able to unleash algo's designed to not only put a lid on share prices but also push them down at will while they are naked short selling. These funds are wash trading the hell out of the junior market not allowing any true price discovery while at the same time fleecing the hell out of the retail investor. I have been suspect of the PWM market for some time as house one has been the majority seller for well over a year selling hundreds of millions of shares. For example, 27,000,000 shares over just the last 90 days. It looks like these funds and their algos's have taken over the TSXV and explains why the index is at 570 versus 3300. I hate writing this but until the TSX does something about these predatory funds with their unlimited capital it appears they can do whatever they want in the market. At least now I can understand how the hell PWM's share price could possibly be .27 when they are sitting on not only millions of tons of spodumene with huge blue sky but also THE ONLY KNOWN CESIUM DEPOSIT ON THE PLANET! 
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