Member Info for Parfett123

Every day someone is selling blocks of 500,000 shares. I would assume it is Red Rock cashing in their holding and as they are below the 3% threshold they no longer have notify the market. Once they are clear it will alleviate the downward pressure here.

They are releasing it later today.

I feel this is being overlooked massively as a great move by the Power team. Power own a vast amount of shares that they could liquidate to raise capital, in Katoro Gold, Kavango, Red Rock etc etc. However this would mean selling these at yearly lows and nullifying the potential future value on the next bull market run. To then have the ability to raise at a closing price above the recent lows with warrants set at a 100% premium it has enabled POW to gain an extra £1 million into their war chest to put to work without having their trousers pulled down. I do not think anyone can fault Paul for how he has built Power Metals off the last £1 million raised, bring on the next levelling up of Power.

Red Rock selling 20 million or so shares has been hampering it recently. The cash raised from the warrants have been POW lifeblood.

They used a Hilti drill, it was not a full drill rig set up! However to get those results from pretty much surface makes you wonder what on earth are they sitting on!

Not just Potential Worzel7, Pilot Mountain is a JORC complaint resource with a 8 year mine life and plenty of further potential for expansion.

POW owns 35% of the project not KAT or KIBO. Therefore their percentage ownership of the project does not get diluted when the parent company raises. It will dilute the holdings in KAT that came as part of the deal but this has minimal impact to the core asset that is the project.

Is a JORC complaint resource that under its own focused wrapper could be huge. Shares at a 47% increase from current SP, warrants @ 4p to minimise upfront cost.

POW now own a proven, production viable resource. Not just more exploration licences. Golden Metal is shaping up to be a brilliant spin out!

Due to the extended period of turn around time than the previous set of drill results, I am of the belief that Silver Peaks is likely to be the next project for disposal. Now in what fashion remains to be seen!

Do I think that PJ will release market sensitive information as he is required to, yes I do. As he has done before with the previous drill campaign at Silver Peaks which was cut short due to weather issues.

I am hoping to hear regarding silver peaks, we are past the previous turn around period for the drill results!

One thing worse than someone unqualified giving financial advise is one that no one asked their opinion yet they continue to give it.

You talk about growing up & getting a life, if your not invested why are you here.

Mini-Maserati-Maybach could all be in play, this could be a fantastic day!

Aya has been bearish on POW since pre 0.3p & has admitted previously that they are looking for a lower entry. They are also now claiming that they said 2 months ago it would halve and apparently it has, even though it is down only 13% in that time frame. Just block and ignore them, there is never any real discussion to be had or in fact any purpose to the consistent rubbish posting!

100% return lol

You can only pay in up to £40k a year into an SIPP Pension. Hence the 'smaller' size of buys.

Your spelling of my name is about as accurate as your views on Power. Any, goodbye :)

How do you block people on here, I have had enough of this guy...

You've admitted to just waiting for a lower entry point, so can you save us all and do it in silence please rather than posting continuous negative rhetoric on here when your actually looking to buy.

Mate go away, you have admitted your just waiting for a cheaper entry. Posting on here won't help that, they also just announced the undergoing of exploration at another project so please stop posting spam.