Post by
Ricky55 on Aug 18, 2024 9:56am
My take on PWM
For what I have read and watched most of the news recently,specially the deals between Gold Field buying Osisko with a 55% premium for each shares,my next move will be to add more in my position here while adding also some patience lol....
For what I see with PWM,in all cases,if there is an acquisition or not,it is better to own a lots of shares if someone want to get the rewards it deserve. Don't kwow if Pwm will be bought out by a bigger player or it will rise at 1.00$2.00$ or more a share if they get the 40-50 millions tons futur results.But in any case,I will be there with quite a good position by adding here and there as the shares price is affordable...for the moment!
Comment by
Seizeium on Aug 18, 2024 1:15pm
Hard to see how this buyout relates to PWM' s prospects they are as different as gold is to lithium. The only similarity is that both in the business of exploration and mining development, seems like a case of apples and oranges here.
Comment by
frewil11 on Aug 19, 2024 10:54am
Yes I agree , I feel Case Lake is still looked at as a Lithium play , the market has to be shown and convinced that it is Cesium and Tantalum and a very unique and one of a kind property. JMHO.
Comment by
VeritasVern on Aug 21, 2024 1:33pm
In the press release on Aug 16th, PWM spoke that they were to commence drilling within 2 weeks. What's the timeline for drilling completion and test results to be announced? That should give us some price and volume support.
Comment by
remucker on Aug 25, 2024 11:51am
their last drill program they mobilized drills on 29th of feb and we got some results on 2nd of april . . maybe use that as a potential time frame