Power Metals Corp V.PWM

Market volatility.

[trader53]

Absorbing 15,000,000 warrants in the money without creating some noise in the day-to-day market is near impossible. The market in my opinion has held up very well and I expect that some pressure will be relieved as of Monday which is the expiry date for 7,500,000 warrants. To be honest I was expecting that we might revisit the exercise price of .40 but so far touch wood we have stayed above this level. The remaining 7,500,000 warrants expire on March 20th so I still expect some volatility around this remaining position however by March I expect PWM's 2025 exploration plans will be in motion as well as the progress towards production. Your patience will be tested no doubt and the decision to buy or sell will rest on your shoulders and in time will be proven a great move or a not-so-great move as is customary in the micro-cap world. GLTA.

[VeritasVern]

Trader, depends if Winsome decides to hold or sell their exercised warrants going forward. I suspect they will want to hold on to those shares based on the potential of PWM and Winsome's working takeaway arrangement with PWM. Besides it wouldn't take much volume to drive the stock below 40 cents which makes selling at a loss on the exercised shares. Up next week we hope, is likely news

[remucker]

the other question would be does winsome have the money to excersie all the warrants ?

[frewil11]

hris Evans Dec 20th said Winsome had 30 million Aussy dollars in the bank , when he was interviewed on the Rock Stock channel, you would think they would spend 3 million of that on the warrants .