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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 > The balance of 2024!
View:
Post by trader53 on Nov 25, 2024 6:36pm

The balance of 2024!

Haydn made the comment in his last Rock Stocks interview, and I quote him: "We anticipate within the coming month or two we will have some solid news from the Cesium Commitee on the next step that will move us into a strategic partnership and offtake agreement." "We are aiming to get a number of avenues completed by the end of this year, so it sets us up for 2025 where we are moving along with exploration but also completing all the additional work to fast track the project into production."

IMO the ideal strategic partner would be a producer who will have the expertise to put Case Lake into production while PWM pushes ahead with exploration. As far as the potential of Case Lake is concerned it won't take much to have the market guessing how big this is. For example, if the two targets scheduled to be drilled in January unearth yet another Cesium Deposit that would fully support Dr. Julie's geological model that Case Lake will deliver multiple deposits across it 90 square kilometer claims. While the junior market based on history, will be very quiet over the next three to four months, I fully expect that PWM will be anything but quiet.
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