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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 Nov 20, 2024 11:52am
69 Views
Post# 36321894

RE:RE:Release on Lawsuit!

RE:RE:Release on Lawsuit!The Company paid the legal firms upfront for a years worth of evidence gathering and after that was completed they agreed to take the case forward on a contigency basis which suggests they are very positive that the evidence they gathered would be successful. They had the same problem in South Korea and they were pressured to ban short selling until they were able to build a program that stopped this practice. This is a multi billion dollar program that virtually steals shareholder value and in essense rigs the markets for the benifit of the banks.
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