Power Metal Resources Share Discussion Threads

[soulsauce] 29/11/2021 16:21

Nice update ;-)

[pensionplanner] 29/11/2021 16:19

Golden Metal Resources assets look good, but again why IPO if they are so good. There has to be a significant stake held over by POW to benefit shareholders other than shareholders having to buy assets they already own.

[noirua] 26/11/2021 09:42

7. The header is now updated to today's RNS.

Markets are weaker today in general and POW with it, though the RNS is really neutral.

[algernon2] 26/11/2021 09:23

Wow that's a complicated and interesting RNS and needs a bit of re-reading. Hello Kavango!

[spangle93] 25/11/2021 17:59

Noirua - yes, I thought the share talk interview was a bit of a wasted opportunity. I thought his views on the market were interesting, but knowing he has granola for breakfast and works long hours isn't really the stuff I gave up Tuesday night to hear.

I would like to have heard more about the investments themselves, even a couple of minutes' refreshment on the status and direction of each, but it appears to have been targeting long term holders who must have been assumed to know all that.

[noirua] 25/11/2021 17:16

One other factor that can strongly affect a share price is 'they havent got any yet'. That is the case regarding POW and very many explorers. All the commodities they are searching for are at new highs but they actually have nowt.

[noirua] 25/11/2021 12:57

Having listened to the broadcast it was OK though I did think it could have been said in 20 minutes rather than over 1 hour. I gathered from all this that Power shares between 1.7p and 1.9p are rightly priced in this market at present and about 250% up on the 0.5p starting point with PJ and Co. They've done really well so sit quietly me reckons - maybe PJ and Co. as well. PJ needs to do some

Try this:

It's over 8 hours long and thought to be the fourth longest on YouTube.

[noirua] 24/11/2021 14:24

Webinar ended -

LIVE QandA with Paul Johnson 23 November - IS IN THE ABOVE HEADER. Be warned it goes on a bit!

[noirua] 24/11/2021 14:15

Power Metal - 24 November - 3 mins in

[noirua] 24/11/2021 13:42

Mawson Gold Incorporated Announcement

[walter walcarpets] 24/11/2021 09:43

I think you mean "somewhere fast"

[hotfinance14] 24/11/2021 09:23

This company seems to be going nowhere fast.

[pensionplanner] 24/11/2021 07:55

That's true enough. I made a fortune on Eurasia. However most of the companies that soar do so on their assets being their assets and the merits of those assets finding their way to boost the sp, rather than offloading assets via IPO's, where that strategy must be questionable. As if RNS's demonstrate how great the potential is for the assets, but they are then spun out for others to exploit, it remains to be seen whether that can benefit shareholders. It certainly benefits the multiple directors and increases admin.

I'm all for developing up a project and then having a big player come in with an offer, or developing a play and having a big player coming in as a JV partner, as shareholders then see the benefit, but I'm not so sure if the scattergun approach on assets works if its end game is divesting those assets via IPO's unless a significant stake is then held by shareholders, who should not then have to pay again for the same assets.

But I am a very patient shareholder, so will see how it runs.

[noirua] 23/11/2021 14:04

We are in a 'SO WHAT' market place that 'ignores quite good' news; 'rises' on 'good news' then gets bored and falls back. If 'very good news' it rises sharply and again falls back gradually.
Dare it be news that is 'slightly poor' and a sharp reversal occurs. Bad news decimates the stock.
Such is the small mining exploration sector.
There is an 'unless' when Twitterers and others pile in and glorify a share.

So there are now and maybe will become even more so, in that shares hit unbelievable lows such as when POW reversed to 0.25p.

Where to next? Well, POW could test 1p and that doesn't seem so daft as the previous 0.25p. However, don't grumble if it suddenly rises 100% unexpectedly on 'super good news'.

Those of us who have seen 1973-1976, 1987 - 1989, and 1999 - 2001, will not be surprised at anything at all. In 1987 one of my shares went from 36p to 1.5p and to £1.65 in 1994 - so there you goes, anything goes.

[pensionplanner] 23/11/2021 08:40

Noirua. You are right inasmuch as its interesting to hold, but my concern is they get an asset sell it off, it becomes successful. Thank you shareholders. Tough!

Normally having all these fingers in different pies you hope one will be full and you win....but if you IPO via separate companies the only winners are the directorships.

Hope to be proved wrong, and it has the benefit of a large basket of assets, admittedly most owned by satellite companies.

[algernon2] 22/11/2021 19:06

That's right, you had to bang the Ship's biscuits to remove all the Weevils.

[pensionplanner] 20/11/2021 13:57

If its 85% then success so far seems to have eluded them using that strategy?

[noirua] 19/11/2021 13:53

There is a difference between those who work as Director Explorers and those who work as Director producers. The option once a subsidiary is put together is to sell or IPO. The other is to drill and find a resource and sell the subsidiary for cash or and shares of the bidder plus royalties. That appears to represent about 85% of what Power Metal is all about.

[pensionplanner] 19/11/2021 11:01

Not convinced with the strategy of this company, as it seems more about acquisition of assets it describes glowingly, but then refers to IPO's.

Stated this before if an asset is worth acquiring on the basis of it being good then the remit of a CEO is to add value to PMR rather than float it off.

Its either a good asset or its not.

I'm by nature a patient investor, but unless I see PMR shareholders benefiting, then I shall have to reconsider my position as I don't want to invest to see shareholders in a different IPO benefiting at my expense.

[noirua] 17/11/2021 17:01

Paul Johnson on Share Talk today

[burtond1] 17/11/2021 07:18

Global opportunities a plenty for @PowerMetRes "...If you do need working capital, you can access it and that's what we did very quickly, very efficiently in a material quantum..."Here, #POW CEO @pauljohnson9691 expands further with @TMSreach https://total-market-solutions.com/2021/11/power-metal-resources-nov-2021/

[pensionplanner] 17/11/2021 07:02

With the assets they have acquired,I'm reassured by the raising. One of my concerns was although its great to acquire potential assets, unless you prove them up it can be just an excuse for a Board's existence rather like the comment attributed to Mark Twain.

So a raising now defuses those concerns and hopefully will prove the assets acquired to be commercially viable.