Post by
trader53 on Mar 06, 2023 8:50am
News!
This is awesome news and I am sure just the start. Winsome increases their share position to 10% and when they exercise their warrants they will control 15% of PWM. Waratah Fund investing $3,000,000 at .57. With the Winsome warrant execution PWM will have $10,000,000 cash in the treasury. This will enable PWM and Winsome to fast track the drilling and the development of Case Lake. I fully expect that Winsome will take over the on ground operations with multiple drill rigs and a push to report a maiden resource leading to a production decision on the main zone. Watch for PWM to appoint a VP of Exploration from the Winsome team which will indicate that Winsome will indeed become the operator. There is little question now that both Sinomine and Winsome were quick to recognize that PWM are sitting on a very profitable mineral resource with huge blue sky!
Comment by
frewil11 on Mar 06, 2023 8:54am
I am thinking more news to come out fairly soon here.
Comment by
trader53 on Mar 06, 2023 9:00am
No doubt the train is getting ready to leave the station.