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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 > Derisking.
View:
Post by trader53 on May 22, 2024 12:41pm

Derisking.

ErnieWorthing I so agree with your derisking comment. I see this news as further support that Case Lake is an anomaly and as 8 Capital pointed out: " As exploration progresses on Case Lake,Power Metals is coming up with more and more targets, and many of them appear just as prospective or better than the last." These latest results so support the furtherance of this statement. As far as the Cesium is concerned by Evans own words, they are getting a lot of interest in the pollucite and cesium. In other words, those that understand the value are very interested while its clear the market does not understand the underlying value. This will certainly change in time!
Comment by VeritasVern on May 22, 2024 4:20pm
We know these micro stocks are under the radar but surely there is a contingent that is following this as well as insiders and it is disappointed to see that the sp declined 1 cent today on modest volume. If the news is good and helped to de-risks the property then I would have expected much higher volume and a good increase to the sp.Perhaps the news was lacking in details in terms of viability ...more  
Comment by Chiefmombo on May 22, 2024 4:23pm
Exactly what I was thinking Vern. The images are not very clear in the news release. I can't depict much from the quality of the images. This article is another goose chase until more assays are returned. 
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