Power Metal Resources Share Discussion Threads

[noirua] 21/1/2021 13:02

Tanzania and Kabanga Nickel strike deal to develop nickel project
January 19

[grahamwales] 20/1/2021 23:48

Not sure you guys have got the news regarding Tanzania government JV on one of the largest Nickel mines. Company called Kabanga Nickel. Will obviously attract attention from investors who may just keep an eye on Haneti.

[algernon2] 19/1/2021 18:03

Thanks in advance for all that hard work Noirua, can we get some dancing Termites along the header for Paul and Kisinka?!

[noirua] 19/1/2021 12:57

The header will be updated this coming weekend as so much happens at POW it needs quite a lot more research to get everything up to date.
As so much is speculative putting a value on the company regarding the many interests and whether they will be successful or not and if China will continue with its demand for metals whilst the west reduces demand increases the speculation still further.

[algernon2] 19/1/2021 11:59

Warrants in the new venture(s) allocated to be exercised at 7 pence and 10 pence. So not giving away the family silver too cheaply. Thanks Paul.

PS Unlike at poor old Thor Mining and the placing announced today.

[justtrying1] 19/1/2021 11:22

pj is just desperately trying to do anything to pump up his share price

[walter walcarpets] 19/1/2021 11:11

Great news (again)!! Well done Paul and the team.

[hazl] 18/1/2021 18:33

Perked up as the day went on.

[noirua] 14/1/2021 17:12

Outback Goldfields Announces Exploration Program in Victorian Goldfields
January 13, 2021


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Posted as the company looks similar to POW's 49.9% interest in Red Rock Australasia Limited.

[walter walcarpets] 14/1/2021 13:30

Very bullish reversal!

[algernon2] 14/1/2021 10:22

"Just enough blue to make a pair of sailor's trousers" as my Mum and Gran used to say.
A tad of blue this morning from POW let's hope it stays blue till the sun is over the yard-arm.

[hazl] 13/1/2021 16:34

Hope more rises on the way.

[hazl] 13/1/2021 16:28

Excellent improvement today.

[noirua] 13/1/2021 10:32

The update is well laid out and covers almost everything. However, it fails to mention the ongoing cost for the flotation of the 49% interest in Red Rock Australasia Limited on a Canadian market. There are 3 market places with the TSX being the most expensive - POW's 49% would be about C$300,000+. The TSXV and CSE markets cost less.
Provided the gold price improves there should not be a problem with the flotation though there are crowds of new companies joining these markets.
This is a list of just a few small companies on the TSXV and CSE market. As a matter of interest only:

[walter walcarpets] 13/1/2021 10:26

Grabbed some more on this update.

[walter walcarpets] 13/1/2021 10:09

Fantastic update. Clear, precise information communicated regularly👍😁

[hazl] 13/1/2021 09:48

Power Metal has multiple exploration programmes underway alongside significant corporate activities in and around certain of our projects.

Given the extent of our activities I would like shareholders to also know that your Company is in a strong financial position and is well funded to complete all its currently planned exploration work, including drilling programmes underway at present.

Moreover, after the current programme of extensive exploration activities to 31 March 2021 are complete and paid for, the Company will still have significant financial resources and remain in a strong position. This is further explained below with information regarding where we are with business operations, key financial exploration commitments and our underlying financial position.

In addition, I would draw shareholders attention to the "Warrant Update" section below which confirms Power Metal has successfully exceeded the price hurdle to enable acceleration of certain warrants. Recognising Power Metal's strong financial position we consider there is no requirement to exercise any right to accelerate warrants at this time.

[aidenabettin] 13/1/2021 09:31

Molopo farm.More pushbacks than you see on the chase.Legacy assets!!!!!!!!.#TSI

[kemche] 13/1/2021 08:55

POW is thinking of increasing its RNS's to 7 a day apparently.
That should help.

[hazl] 13/1/2021 08:44

Is it time for a reversal yet?

[zxie] 12/1/2021 19:30

Yes top up time