Power Metal Resources Share Discussion Threads

[soulsauce] 26/1/2024 15:46

But therein lies the rub. When do they decide to start selling down Gmet and/or others as there will always be a compelling reason not to.

[888icb] 26/1/2024 13:46

The fact that Rick Rule took a 4.5% shareholding in POW at a similar price to the current share price gives me some comfort that I should make a good return. The model they are using of IPO’s with POW retaining a large stake such as 62% of GMET should largely remove the need for POW to raise funds in the near future if at all.

[soulsauce] 26/1/2024 12:42

It will no doubt come but right now many metals have fallen and continue to have a hard time, the world is in an awful place and you still can't get funding away for the most part without being bent over.
Question is here will the supercycle start before Pow have to pass the hat around again, I doubt it.
Paul has little to do with this anymore apart from being a shareholder and probably for good reason.
The project he was pushing when he did his raise last January, Tati, barely gets a mention.

[kemche] 26/1/2024 11:42

soul, ignore the supercycle at your peril. You make it sound as though Paul is just making it up as he goes along. Nothing can be further from the truth. Further!

[soulsauce] 26/1/2024 11:21

Lol what tosh.
He has been betting on a turn in the market for over 2yrs, even a stopped clock is right twice a day.

[kemche] 26/1/2024 10:37

As Paul has mentioned, we could be at the beginning of a commodities supercycle. Let the record show that he has correctly predicted the last 23 such supercycles correctly.

[the count of monte_cristo] 26/1/2024 09:39

GMET doing well, FCM, not so well.

[algernon2] 25/1/2024 17:52

Impressive moves (GMET and POW) and very welcome after the long hard winter in the Junior Mining space. As Paul Johnson says, be brave and maybe lifechanging things will occur.

[888icb] 25/1/2024 16:46

GMET have closed Up 26% after a strong rise into the close. Looks as if POW will have some catching up to do in the morning as their 62% holding in GMET has seen a large increase in value today as it also did on Tuesday and Wednesday.

[apotheki] 25/1/2024 16:13

POW own getting on for 2/3rds of GMET

[888icb] 25/1/2024 12:39

GMET now just moving above POW’s rise Up 6.5% to sit 2 above POW on the Leaderboard at number 27. I think the share price is back to where Rick Rule bought in last year and it’s good progress from the 52week low of 0.5 we saw in early December.

[888icb] 25/1/2024 11:25

POW having another positive day Up 6.2% on volume of 2.8 million. At 11am GMET started to move north again currently Up 4.2%.

[kemche] 24/1/2024 09:18

Algernon - please behave.

[888icb] 24/1/2024 08:39

GMET is rising strongly again Up 7%

[algernon2] 23/1/2024 20:08

It's also 16 days old (the latest one).

[algernon2] 23/1/2024 20:05

Why not make it easy for us and post a link. Less effort, and Kemche wants links; as do we all.

[benmatthewgraham] 23/1/2024 18:01

Hi all - recently posted a YouTube video documenting my portfolio which has Power Metal Resources included. If anyone would like to view it, simply go on YouTube, click the search bar and enter 'Ben Graham Stocks' and it's the latest video I released. If you enjoy the content please subscribe & feedback would be much appreciated

[888icb] 23/1/2024 10:48

GMET Up 7.7% so far on the back of their very promising RNS this morning. POW hold 62% so this should definitely feed through to POW’s share price and is getting exciting as Garfield gathers momentum on gold, silver and uranium.Its becoming clear why Rick Rule became a large shareholder last year. Rick Rule looks for his successful investments to 10 bag and is looking for at least a five bag. These are the investments that more than make up for the ones that don’t deliver. This increasingly has the feeling it will be one of his success stories.

[kemche] 23/1/2024 09:24

It's all about Rick Rule now.

[algernon2] 23/1/2024 08:52

Bonanza at Garfield.

[walter walcarpets] 23/1/2024 07:28

GMET announcement this morning on Garfield prospect. Starting to look very interesting.

[888icb] 22/1/2024 08:53

Stock Box on U Tube Yesterday
There is a new U Tube presentation by Stock Box with a 10 minute section on POW:

“Research Talks - Fulcrum Metals #fmet, Power Metal Resources #pow & Anglesey Mining #aym”

It gives a full run through of where POW is upto on its numerous projects and what is coming up in the weeks and months ahead. They mention more than once the 3.3p broker target and say just with what we know now it should reach at least 1.5p this year which is a 100% gain from the current share price