Power Metal Resources Share Discussion Threads

[danmart2] 21/1/2022 14:15

Are the warrant sales still holding the share price back?

Or is there another good reason for the stagnation of the POWs value?

[noirua] 21/1/2022 14:02

The gold price is holding at yesterday's high and attempting a march forth. My belief is that the little bell did ring Wednesday at 2.30pm and a gradual recovery in an uncertain manner will happen from here. PJ can look forward to a giant NBGC Easter Egg in good time.

[noirua] 20/1/2022 13:24

Power Metal shares on a comparative market capitalization valuation are not in my mind cheap by any means. Despite that, what now looks like a turn in gold and silver share prices in Canada and the USA, points to a greater possibility of realising what is closer to expected value realisations.

[noirua] 20/1/2022 11:46

I think PJ has very many fishing lines fixed to the bank, bank of the river that is. They could become entangled though I feel in my waters that spacing them out has reduced this possibility going forward.
PJ's strategy is not proportionally stratospheric but more proportioning the possibilities toward stratospheric financial realisations.

[noirua] 19/1/2022 15:22

Gold and silver shares across the pond are up to 12% up today as the bottom of the market is called as the little bell rang at 2.30pm this afternoon.

[kennyruss] 19/1/2022 12:33

Great PDF from the company

[noirua] 18/1/2022 10:40

My own view for the NBGC flotation is to hive off 50% of the shares to shareholders in Power Metal and Red Rock. At the same time offering the other 50% first to shareholders and secondly to other investors to raise cash for the company and to cover the costs of both Red Rock and Power Metal.

I notice a company Silver Elephant Mining Corporation TSX: ELEF OTCQX: SILEF is doing similar but is hiving off 3 subsidiaries.

[noirua] 14/1/2022 14:49

Uranium price rally spurs first exploration increase since 2011
13 January 2022

[noirua] 14/1/2022 10:31

The uranium news today is not inspirational once more. A share I own is in an Australian unquoted company that holds tenements in Arnhem Land and fairly nearby Pandoras West. They have drilled and found uranium and copper. Unfortunately it needed an uranium price of not less than US$55 per lb to be profitable. The copper would cover some of the costs but upfront costs are high and getting all the various permissions would take many years to reach production.

So few uranium finds are worth much as BHP have abandoned their production from their mine in central Australia.

Having said all that POW might flip it at a profit at some stage - good luck to them. It is just that, a punt on uranium demand and the price. Worth a gamble most certainly.

[burtond1] 13/1/2022 06:49

Is this the year for @PowerMetRes to really shine?"...Drilling is our new theme. Maybe we can make it  through 2022 continuously drilling..."Here, #POW CEO @pauljohnson9691 catches up with @copytaster to expand on the extensive plans for 2022https://total-market-solutions.com/2022/01/power-metal-resources-january-2022/

[noirua] 11/1/2022 10:14

More informational news rather than inspirational this morning. Still, Power shares are up on lows last month and are generally looking better on the general draft of incoming news feed.

[noirua] 06/1/2022 20:39

It does look as if the warrants held by Power Metal in Katoro Gold will retire worthless. The 10 million shares held by Power are worth about £55,000 only. So far one of the company's failed holdings.

NEW VIDEO IN HEADER.

January 2022 Presentation at top of header.

Power Metal:

Gold shares in Canada and America have taken a battering again that makes the likelihood of NBGC being floated out of the question before Easter. The whole sector is down 4.5% with no share escaping the plunge.

[mikedon1946] 05/1/2022 15:06

pp, I once sent a prompt, so if you don't get a response at first do not give up, in fact I have had a call from him, much better to be able to chat.

GL and may our investment prosper

[noirua] 05/1/2022 13:25

PJ has bought 1 million shares at 1.65p. Only overhang until June/July (warrants) is the holding of shares by Red Rock Resources. They did sell not so long ago to finance ongoing costs and may do so again. RRR have little income from Jupiter with their (Jupiter's) new board in place now and have expensive ongoing drilling in Kenya and DRC. They had sufficient funds to the end of 2021 according to AB but are not allowed to raise funds by Placings or Primary Bid.

[pensionplanner] 05/1/2022 11:32

Thank you Mike. Most helpful.

[pensionplanner] 05/1/2022 10:41

I have never ever received a reply via email.

[mikedon1946] 05/1/2022 10:04

PP
If you think the directors have an interest in Gm, ask Paul he is open to questions. Pass his answer back to the board

[pensionplanner] 05/1/2022 08:47

As its no secret I'm no real fan of the business model, noting there has been pre IPO financing of golden metal, it would be interesting to note if directors of PMR have a personal interest in Golden Metals other than its connection with PMR.

Pre-IPO's often referred to as seed capital, can give shares at a massive discount.

I believe PMR's resources should benefit PMR's shareholders rather than individuals, so I'm hoping it will.

[noirua] 04/1/2022 15:12

The copper price has moved up about 200 dollars a pound as of late that is cheering the Santa Claus rally. Santa, as we know, was held up by covid and Rudolph's red nose dropping off and Santa having to search high and low for it.

[palace pete] 31/12/2021 17:14

Came aboard for 22 let's hope it's a good one.

[burtond1] 29/12/2021 06:43

What a bleak year for the junior miners.Here @TMSreach we look at 12 Mining Companies with good prospects that should be worth following over the next 12 months.Companies covered include:#CMET #CGH #CHF #CGO #EEE #HE1 #JAN #LND #LEX #PALM #POW #SREShttps://total-market-solutions.com/2021/12/12-mining-companies-to-follow-in-2022/

[tray556] 24/12/2021 11:56

98mil is the figure outstanding on the 0.75p warrants.