Post by
trader53 on Aug 13, 2022 5:55pm
Front Page Finance Section Globe and Mail
Saturdays full front page of finance Globe and Mail is about Tanco and how China and Sinomine are hungry for Lithium Deposits in Canada. At present Tanco is the only producing mine in Canada that has been recently upgraded to support their plans to expand production. In the article they mention Power Metals and the offtake agreement for 100% of all the Lithium, Tantalum and Cesium from Case Lake. Mr. More has commented on the expertise of Sinomine in all aspects of mining and production of Lithium, Tantalum and Cesium. He commented that is the equivalent of a 25 million dollar micro-cap doing a deal with Apple. The article is definitely worth a read and only reinforces my belief that Sinomine see the potential for Case lake and wasted no time securing the resource. We know that Sinomine geologists had two property visits and the fact that they decided to do an offtake agreement before a maiden resource was calculated certainly supports their belief in the potential of Case Lake not to mention having a VP of Sinomine join the Board of PWM.
Comment by
yanster2419 on Aug 13, 2022 9:10pm
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