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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 21, 2024 4:20pm
142 Views
Post# 36234886

PWM is moving forward!

PWM is moving forward!Year to date PWM is up 17.1% in a horrible bear market for Battery Metals. This fact alone should tell all there is much happening behind the scenes. Stay focused on the fact that in the first seven holes drilled over the last couple of weeks 7/7 hit pollucite and 4/4 hit spodumene with lithium. The fact they hit payable minerals on 11/11 holes supports that Case Lake is indeed an anomaly. It should also be noted these pollucite intercepts were encountered outside of the known mineralization which tells me the latest drone survey has been very successful at uncovering the pollucite occurrences beneath the surface. If all of the priority one targets deliver the results that we have just got on the first 11 holes there is no question that Case Lake is well on its way to becoming a World Class Resource. From a market standpoint PWM is still being valued as an early-stage lithium explorer but after watching the rock stock interview with Haydn its very clear they are fast tracking towards production. Once the market catches onto this fact and just how little capex it will take to move into production along with the levels of cashflows, timeframes and profits the share price IMO will rerate overnight. The other catalyst that I believe would rerate the share price is a strategic partner with a major which is based on Haydn's comments very much a possibility. GLTA
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