Power Metal Resources Share Discussion Threads

[walter walcarpets] 15/9/2021 12:50

Genius timing!

[noirua] 14/9/2021 15:28

POW started at 0.5p and fell to 0.25p in March 2020 and then to 3.25p a rise of 1,200%. Now at 1.95p a fall of 40%.
So it is a matter of opinion whether POW is cheap or expensive. The market cap is £24 million.

[algernon2] 14/9/2021 12:10

Good news over at Kavango.

[shearluc] 14/9/2021 07:48

Markets have been slow to recognize POWs potential, when they do I think this will move very fast.

[walter walcarpets] 14/9/2021 07:42

No shortage of good news here!

[noirua] 13/9/2021 13:26

It will be interesting to see if RRAL follows Wishbone in purchasing an office costing A$750,000. Or just maybe they could do a deal and share the same office.

[algernon2] 13/9/2021 11:40

And consequent with a (as I write) a 5% drop in share price. Sometimes you just want to despair! But not yet and not today. Onwards and upwards gang!

[richie32] 13/9/2021 11:37

Very good RNS today

[algernon2] 07/9/2021 22:30

"Mind them thar Trees PJ".

[noirua] 07/9/2021 17:33

The deal on Schreiber Hemlo announced today looks OK. On some shares, the CEO is asleep at the wheel. On POW he is darting here and there and at least achieving something in a drab marketplace. Either way one can end up wrapped around a tree. Darting here and there does look the best way.

[grimreaper2019] 03/9/2021 06:58

Every trick in the book is being played out by Johnson to try to maintain Power
Metals over inflated £25m market valuation.

He needs to deliver a IPO or something meaningful before the market sees through this
nonsensical overvaluation or there is a real chance Power Metals equity could align to peers,
namely sub £10m.

[noirua] 02/9/2021 18:04

When warrants are converted at 2p against a selling price on the market quoted at 1.9p there is nothing negative one can raise about that. New Super Warrants convertible at 5p, that's a new one on me.

Anyway, POW needs a turnaround in KAV and a spike in KAT. Plus a rise in the gold and silver price and an overall rise in confidence in the sector.

[noirua] 02/9/2021 11:23

My suggestion is for RRAL and Mikei, Kenya to become one separate company together with POW's other interests in Australia. Perhaps named as 'Red Power PLC'.

[kevinroe] 31/8/2021 13:17

Paul Johnson just keeps trying every trick in the book so his shares riseIt just isn't workingNever seen so many rns from a company and zero movements up or if they do are short lived

[richie32] 31/8/2021 12:18

I like the way POW keeps pulling together prospects using the warrant income to do this in a more incremental way than other miners who do big cash calls or loans.

As a shareholder I know I will be stumping up money one way or another because an explorer is not meant to make any money in the early days.

The future uplift, when the farm-ins and sell-offs start happening (or POW goes into production itself) will be massive imho. It only needs a few good outcomes (not all of them need to be successful).

Anyone who complains of "jam tomorrow" is wrong imho as exploration is all about jam tomorrow - lots of it.

[algernon2] 31/8/2021 12:00

Another day another RNS. A slightly more expensive potential acquisition this time.
No doubt more costly to reflect that it's nearer to actual mining than some of the other prospects Golden Metal (POW) holds in Nevada. This Nevada collection may well be the first to spin out? Any comments, thoughts?

[the_debt_collector] 29/8/2021 16:37

Paul Johnson has conducted a couple of lengthy interviews recently, not once does he mention
his Exec Chairman, namely Andrew Bell, anyone who invests in the sector would understand why, Johnsons obsession with Mr Bell is
very curious indeed.

On the other hand Bell mentions Johnson regularly during his promotion of Red Rock, if Johnson had any sense he would use the 'Bell Discount' at
Red Rock to acquire their suite of very prospective projects on the cheap.

[noirua] 29/8/2021 09:45

Just as a matter of interest here is a chart comparing WSBN Wishbone versus POW Power Metal over the last two years or so

[noirua] 26/8/2021 11:38

The Silver Peak drilling results are confirming what was expected rather than hoped. The 0.5-metre original thickness was very shallow indeed though the amount of silver per tonne simply amazing. If the amount of silver per tonne is the same then the result is good overall. However, only assays will confirm that or otherwise.

If the result was 20 metres at 200 grammes per tonne that would be good. So work out the average from that if present drilling results are the same. Depth is also an important factor but no clues in the recent RNS.

[grimreaper2019] 24/8/2021 12:11

Surely a £24m m/cap is a bit racy for a junior that has assembled a basketful of projects that have cost a pittance.

There are many other juniors with less racy valuations in this sector, some have fallen as much as 70%, a better bet for capital appreciation in the near term.

[noirua] 23/8/2021 11:02

A director purchasing shares in the company is basically good news though occasionally it can go too far. Take the Chairman of Univision UVEL who now holds 72.9% of the shares under Hong Kong law. Now trying to dispose of what is half of the company's shares but struggling to its detriment.

[noirua] 23/8/2021 10:06

Today's drilling update from Kavango indicates difficult ground conditions. KAVango shares are now down 38% from this year's high. Points to delays and well below market expectations or more seriously Kavango can solve these problems on ground conditions that some may consider they should have been more aware of.

As a shareholder in KAV as well this is negative. However, the worm can turn if that pesky Robin redbreast doesn't spot it.