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Bullboard - Stock Discussion Forum 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... see more

TSXV:PWM - Post Discussion

Power Metals Corp > Ready to go!
View:
Post by Livetotrade on Aug 14, 2023 12:09am

Ready to go!

I'm expecting a move UP anytime now based on the chart.   Cup formation took 5 months and the handles been forming for a month now.   A six month chart is a beautiful cup and handle pattern.  

We've also had three distinct touches of old resistance and passed the test each time.  

Drop the right news release in the next ten days and this stocks going to make a major move to new highs!

Glta
Live 

Comment by trader53 on Aug 14, 2023 5:57pm
I totally agree LivetoTrade when the news starts to flow my guess is we will be looking at new highs very quickly. Imagine if we got another 10,000,000 share day like last month. I think many will be shocked at how tight the share structure has become.
Comment by Livetotrade on Aug 14, 2023 8:26pm
It's going to move and soon.  Another very quick test today sub .40 and passed with flying colors.  These are just the last times to buy at these levels before the drills provide answers we want.   The fine folks with Sinimine came and saw and then got the boot.  The Canadian government was "protecting" this resource.  And then Winsome stepped in quickly ...more  
Comment by trader53 on Aug 14, 2023 9:13pm
Listened to an interview with the CEO of Lithium Royalties when he was asked about their criteria  used to make decisions on purchasing royalties. He listed 4 bars to clear as they look at any opportunity.  1) Tier one jurisdiction 2) High grade resource preferably hard rock 3) Low cost of mining 4) an expectation of production. I look no further than point 4 to understand others are ...more  
Comment by Chiefmombo on Aug 15, 2023 10:53am
This thing is getting dumped there's another fire in Cochran district 
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