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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 > Thoughts on news release
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Post by trader53 on Jul 09, 2024 11:20am

Thoughts on news release

This is an awesome news release on so many fronts. Firstly it obviously comes from the Winsome Camp as the detail is thorough and there is much happening behind the scenes. Look at the map guys the blue targets are priority one and are detailed from Dome9 right through to West Joe. That is 7 kilometers. My guess is this is the same dyke system found on the main. If I am right we are not talking 20,000,000 tons we are talking much larger than that. Dr. Julie believed that there would be multiple deposits discovered on Case Lake giving it the potential to deliver a district scale resource. ARCHEOLOGICAL SURVEY AND WATER SAMPLING PROGRAM AT CASE LAKE. This to is very suggestive that PWM is already pre-planning a clear path to production. JM talked about the interest in Case Lake at fast markets while Chris Evans noted from fast markets that they have now had three meetings with potential strategic partners from Japan and South Korea. My take is PWM will do a deal with a strategic partner and as a result will launch an aggressive drilling program involving multiple rigs. Why do I think this? This is typical Chris Evans who believes in being thorough pre-drilling then when warranted extremely aggressive. Feeling very confident. Just my opinion.
Comment by VeritasVern on Jul 10, 2024 12:37pm
Given the need for rare metals, not controled by China and especially cesium I would say the strategic partnership is quite open to quite a few, including large(er) mining companies who would extract for a % of the sales. Given they keep proving up the land and a partnership is announced I am sure this will surpass the 50 cent mark on April 4th. We can get some stock now at 26-26 cents, while they ...more  
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