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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 > Pwm trading week!
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Post by trader53 on Mar 28, 2024 5:27pm

Pwm trading week!

Very interesting short week. Just over 9,100,000 shares traded which is 17 x average volume on the Canadian exchanges. 1,160,000 shares traded on the OTC which is 5 x average volume. Total of 10,200,000 shares traded over 4 days. Share price increased by 58%. Dollar value of total trades is $3,500,000. All this with no news should make anyone go hmmmm?
Comment by VeritasVern on Mar 29, 2024 12:21am
I like the steady buying throughout the week pushing the price up without much retraction. This indicates that it isn't swing trading but buying on at worst speculation or at best some very good prospects. All indications are the latter. We will see what happens next week but I wouldn't be surprised if whoever is doing the buying might sell some shares on order to free up a lot more from ...more  
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