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Moneybags - I think it's possible that FOX will be used for a reverse listing. The present market cap of £780k makes it a fairly cheap was of getting an AIM listing and the Ontario projects will have some value if sold off. Another clue is the absence of anyone on the new Board from a mining or geology background. The projects will run themselves for a while, but not for long without someone who knows the mining business. Time will tell which way the new Bod will steer it, but I don't think it will be too long before we find out.

The FT reports global mining stocks have risen by over $400bn. https://www.bbc.co.uk/news/articles/cn7j5m4kmx8ohttps://www.bbc.co.uk/news/articles/cn7j5m4kmx8o

Good news but why isn't POW going up on a rising tide?

Yes2014 - I also have shares held in Halifax Share Dealing and I got the new TMICC shares in my shareholding list. I think the cash you received was the Unilever dividend. I suggest you speak with Halifax - I have always found them helpful.

Putting the GMET story behind us, and looking to the future, the fundamentals are that the markets love what GMET is doing (and have therefore bought into it) but currently the markets definitely do not love POW. Why is that? My advice to the POW BoD is to carefully analyse why there is this difference, learn the lessons and act on them. Two examples come to mind: (1) GMET knows where it wants to be, has worked out how to get there and what it will take to do it, ie it has a good strategy. POW needs its own clear strategy and to share it with the markets. (2) POW should look at the composition, skills mix etc of the GMET BoD and compare that with its own, making changes as necessary. Lastly, I would appeal to the POW posters to offer up their own constructive suggestions for the POW BoD to consider - I'm sure they read these things. Whatever happens, I'm sure that change is needed and we can help them with that. It is in everyone's interest to do so.

With respect to those who think otherwise, I don't agree that if POW had kept GMET in-house, it would have greatly benefited POW's SP. GMET has been fantastically successful because it has a sharp focus on the right minerals in the right place at the right time. If it had remained part of POW, that focus would have been diluted in POW's wide range of other projects. Of course, when to hold and when to cash out is always a matter of judgement and perhaps POW sold too soon, but haven't we all done that in our time? It's all just an interesting discussion now, what matters is the future not the past.

It seems there has been quite a lot of share buy-backs which probably pushed up the SP a bit. As a LTH, it's fine by me.

Adam - it would be nice if this goes into production but the problem, aside from the geology and the funding, will be the green lobby who are inherently anti-mining, especially in scenic Devon and Cornwall. The Government(s), at both local and national levels, seem to live in fear of upsetting them and losing votes. I hope that I'm wrong, but my old hopes of cheap UK gas from on-shore fracking were dashed by spineless politicians of all main parties.

Thank you Lending and Finley - yes, that makes perfect sense. I hadn't thought of the bond side of things. My long term hold might have to be a bit more long term than I hoped for. Best wishes.

Thanks Finlay but doesn't higher interest rates mean more profit and hence greater dividends, potentially? Or am I missing something? I bought some more of these yesterday on the basis that they are an income stock and a long term hold.

Guardian Metals plc is a completely different company to Guardian Metal Resources plc. Confusing - yes, but nothing to do with this chat board.

Paul - all good points.

aat****z - i think the gmet grant application has possibly got caught up in president trump's 90 day pause on all federal grants, while he (actually his people) decide which grants will help maga (make america great again) and which won't. i am confident that the grant applied for by gmet will be approved because it will help the supply of domestically mined tungsten for the us defense industry, and if mr musk is involved in deciding, it also offers us mined tungsten for his space rockets. but we will have to be patient until they have waded through thousands of grant applications from the biden-era and decided which ones they don't like. just imho. see also https://en.wikipedia.org/wiki/2025_united_states_federal_government_grant_pause

I agree with you Dietch. It's probably worth more than this but the offer price plus dividends pretty well matches what I paid for it five years ago, so it's a break even for me. Old saying is to get out whilst leaving a bit for the next person.

I don’t entirely agree with your analysis. Yes, the market is fickle and is influenced by exploration news and drilling results, but investing in exploration companies is also about investing in the people, not just the geology. To explain what I mean – explorers have to raise money now with the promise of jam tomorrow when they make a big discovery and can sell it to a miner, although “tomorrow” is often ten or twenty years away. Meanwhile, they need to money to pay for the drilling, licences, salaries and a whole lot more. What matters most is the balance between these costs – a well run company will have reasonably good geology in a reasonably stable location and will keep their non-exploration costs, mainly salaries, to a reasonable level. A badly run company has a lot of geological hype, often in an unstable place, and they milk shareholders investments by paying themselves big salaries, until it all goes pear shaped. Obviously, the best investment is the well run company, and my judgement is that POW fits that category (I could mention many that do not, but I won’t). So look at the people who are managing your money as much as, if not more than, the exploration results and form your own judgements.

An amusing story from the BBC for a Bank Holiday read: https://www.bbc.co.uk/news/articles/clm3108jxxno

If you can get hold of this paper from 1994 it is a very good explanation of gold in Zim. https://searchworks.stanford.edu/view/3755807

here is the reference if you want to look further : https://uwaterloo.ca/wat-on-earth/news/cu-ni-co-deposit-voiseys-bay-labrador

Keith - you asked " feeder-style deposits. Who else has them?" .... Voisey's Bay has a similar geological model. Whether or not it applies here is not certain.

Looks like a steady rise in value - the sort I like. i'm not into all this day trading and watching the ups and downs of AIM companies. This is a hold and forget business, which suits me well. Long may it continue.

good reference, Stone. The new website looks good, too.