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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 > My take on PWM
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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