Member Info for ForrestGump

Paul Johnson, Chief Executive Officer of Power Metal Resources plc commented:

"Our congratulations to the First Class Metals team for their work and commitment to secure this listing. In our view, First Class has a highly prospective project portfolio centred within the prolific Schreiber-Hemlo belt of Ontario, Canada, and offers investors an exciting new investment proposition.

Moreover, with active exploration on the ground underway, including First Class Metal's joint-venture (JV) partner Palladium One (TSX-V:PDM) drilling at the Pickle Lake JV property, we anticipate active news flow from ground operations.

Today's listing is a notable event for Power Metal, where a previous project investment has now become a significant balance sheet asset. We will be watching the progress of First Class with a keen interest.

Moreover, final preparations continue for the planned listing of Golden Metal Resources plc, another North American investment opportunity centred on Nevada, USA, and where Power Metal currently holds an 83.13% interest. I look forward to providing further updates in respect of Golden Metal in the near term."

Hopefully we are on our way to debt funding, and dividend, in the not too distant future!
GLA

Here's the link to yesterday's webinar for those that might have missed it:

https://www.youtube.com/watch?v=s-5L5ObpdZM

ATB, FG

TM. The presentation was recorded, so a link will be provided sometime soon.
I can only say that MR went through the presentation, adding that as much funding as possible will be made at the project level (hopefully up to 38 million), and that he's seeking partner organisation(s)that will stay with the company right the way through all three stages of production.
ATB, FG

Latest Stockbox interview where PJ comments on the Quarterly Business Update for anyone who might be interested.

https://www.youtube.com/watch?v=gSqAmRGRQKo

GLA

The price of Gold is likely to soon explode. It will blow JPM into the dustbin of history if its directors allow hubris to get in the way of basic economics.
Smash them shorters!
GLA

Strikes me that Mike Ralston is a straight talking gent who doesn't try to pull wool over your eyes. There's always much that can wrong, but he gives me the impression that he'll get this company to where he wants it to go.
ATB, FG

JimBL. No bubble to burst. The "elites" live in ESG land. This very convenient - ever lasting - war in Ukraine will see all Russian resources diverted to China/India. Fertiliser, any fertiliser, will soon be worth more than its weight in Gold. Methinks I'll multbag here, and quite soon!
All the best, FG

Aren't the "elites" going to force us to buy/rent very expensive electric cars?
Organic food is also being forced upon us. It is a case of buying expensive food or starve - there will soon be no other choice.
The proof of this pudding will be in the eating.
How about we chat again in Jan 2023?

But I understand perfectly.
Where are farmers buying their conventional fertiliser from? I'd happily buy a Rolls Royce car if it didn't cost any more than Mini. I might well be wrong, but isn't that where world farming is heading?

I wouldn't worry about the share price today, what with sanctions on Russia/Belarus forcing farmers, the world over, to use "magic dust" for fertiliser.
Our product might come at a premium, but it's a premium the farmers trying to feed the people in the Western world will be forced to pay.
Methinks that we have them over a barrel.
GLA

Thanks for the link, and the warning, LB.
ATB, FG

The company obviously wants to attract a new type of shareholder, I.e. those not interested in fraction of a penny shares. Positive numbers will be required to draw them in. Here's hoping for a very positive outcome!
GLA

Now there's an idea!
GLA

Vascular. Slightly, but not completely, off theme!
ATB, FG

Anyone think that somebody has plans on upgrading, global, radiation monitoring systems before the Ukraine conflict escalates into a "limited" global thermonuclear war?
Things are already bad enough with the Russians using the grounds around nuclear power stations to launch rocket attacks from. It's like they are tempting the Ukrainians to launch HIMARS, et al, missiles at them, in the hope of a "localised" nuclear disaster.
On that happy note, I with everyone a great weekend. FG

The herd arriveth?!?
GLA

There she blows!!!
GLA

Looks like there might be a tad more wind in them sails than I thought. Let's hope that the herd read our research note!
GLA

Let's see where the wind blows us. All looking good here, although we aren't likely to see the herd arrive until after the pilot facility is in operation.
GLA

Apologies for ramping, but it looks like demand in the U.S. is too large for us to keep-up with. Hopefully, being first to market will make STC a, trusted, household name.