Member Info for Parfett123

We should hear around a month before the listing on the fund raising etc which should include a listing market cap. Exciting time ahead!

Such a snake in the grass.

After all of this de ramping and mud slinging, your actually just looking for a cheaper entry. Shameful.

Still upset about missing a 10 bag here ayatollahblair...

That is because they are undertaking early stage exploration in order to more efficiently carry out a drilling campaign at many of the projects that have only been with POW for less than 2 years.
Have you ever actually followed an exploration company before??

They haven't been silent, they have released details on the Rosgeo JV etc which was outside of the original sale of MT or WK. They just have not released indepth details on a potential sale etc which are very likely to be covered under NDA's.

Ever heard of 'None Disclosure Agreements'?

Seriously, what kind of response is that??

How is it 50/50 when there are 11 projects consisting of multiple licences....

Anyone who thinks that WK is why investors were attracted to EUA at its current valuation is laughable. The game has always and will always be MT hence why it is called the company maker & the Rosgeo JV just makes it that much sweeter.

Power Metals was last at 3p on the 17th February, since then shareholders now have exposure to the following;
- Molopo exploration provides proof of present mineralisation
- Purchase of multiple licences in the Schreiber-Hemlo Greenstone Belt
- Silver peaks Very High Grade Silver 'delineated very high-grade silver (5,270 g/t or 169.5 troy oz/t silver) in the Victoria Vein at a vertical elevation approximately 150m lower than the exceptionally high-grade channel sampling intersections from the summer due diligence programme (up to 14,937 g/t or 480 troy oz/t silver).'
- 49.9% of ownership in Red Rock Australasia Pty Ltd due for IPO which has gained multiple licences.
- Purchase of First Development Resources (Pty) Limited ("FDR Australia") with multiple Paterson Province licences.
- Development of Power Capital Investments Ltd to incubate and ensure a project stream.
- A 100% earn in agreement with Golconda Gold Property Nevada USA
- Recently formed Golden Metal to act as a holding company for new acquisitions of precious and base metal projects located in North America.
- Plus warrant inflows to fund the above incomings

All for the a total of -18% share price whilst many others have retraced over 40% within the same sector. I for one believe that is a pretty incredible level of execution on behalf of the board. Never out of the news cycle, front facing and open with share holders & news outlets to always gain exposure to new investors. I am quite happy with their level of capital deployment efficiency.

I mean you could be on a 10x bagger if you had made an investment when you started to post on Power Metals, with it currently fluctuating by your original buy price. Instead your shouting for the facts whilst providing none, a bear case is completely reasonable as there will always be one, but yours is not a case it is just weirdly personal.

So apart from the proven exploration results at Silver Peak, the mineralisation at Molopo Farms, the surface level gold found at Alamo, the 7 conductive km long anomalies @ south ghanzi and all the new additions yet to undergo further exploration but have historical drilling data showing the presence of mineralisation with multiple drilling programs underway & more to come. I do not agree with your point.

If your going to continue to de ramp Power Metals, please at least know more about it than simple one liners with no facts.
This business is still in its infancy regarding its potential and exploration programs at the current liscences. As your fully aware due to your months of negative commentary whilst PJ and the team continue to execute (& 10x the share price, yet you still think you have some credibility in your view....) , this company is developing rapidly with as good as fundamentals as I have come across in the junior exploration industry.

You took a month off and still haven't read any more into POW clearly. The point of the 5 IPO's planned for this year are to enable fund raising to drive each of the associated projects under each IPO forward. POW from their ownership of the pre IPO businesses would get warrants & shares in the IPO'd vehicles which can then be added to the balance sheet of POW to be liquidated at POW's will. Should the value of the IPO's meet a certain threshold that POW deem suitable they have the option of distributing some of the funds back to shareholders as previously discussed by PJ.
Since you have been away Power have performed 2 acquisitions with the Paterson based FDR Australia & Golconda Gold Property Nevada USA and PJ has bought an extra 500,000 shares. So whilst the SP is stagnant, it has found support higher than the March lows with the IPO & exploration season kicking off. Come back in 2 months when we have heard more details on the multiple value drivers, these things take time.

I am pretty sure he has gone into a lot of detail on this many many times. A simple search on youtube will bring up clear interviews where he breaks down a clear explanation of the hub and spoke model with how it will effect the business.

All down to the success of the on going exploration and IPO's. Biggest question will be how much each IPO can raise prior to listing to enable a clear indication of the spin off market caps.

Finally the weather looks to be improving so hopefully Power are not far off getting back out to the Eureka-Victoria silver mine to see what else it has to offer.
The average silver grade across all 11 samples was greater than 6,000 grams silver during the last exploration.

I think it is the complete lack of reasoning to post only negative comments on a shares chat room for 2 years whilst not being invested that just makes me question who lives life like that?!

Glimmer of fruition?

PJ & Co have only been in charge of POW for less than 2 years. In that time they have 10x the value of POW allowing for warrants to be exercised to release the capital needed to grow the project portfolio & business as a whole to where they are today.
Many of the projects bought into have been under the ownership of other exploration businesses for many years without much movement due to lack of funding or high corporate overheads draining any raised funds. However now with the POW in the mix they have all been pushed on either corporately or exploration wise or both!
Exploration is extremely lengthy process due to the amount of stages and steps required to efficiently and cost effectively progress. Each stage takes planning, capital, man management etc etc. However as per the multiple RNS's these projects continue to develop with clearly identified plans for 2021 and beyond.

If you want to focus solely on the SP then have you considered that Power Metals has been part of a much larger exploration market wide pullback which has meant the SP has detached from reflecting the internal developments. Even shares like GGP have receded more than 50% from highs and they have a billion $ partner, proven asset & deleveraged exploration. Then there was also demand for deleveraging from multiple platforms which again does not reflect or is driven by any of the companies actions & finally the excising of warrants which are the life blood of the company that has funded the progression.

Regardless of all of that, it still doesn't answer the question of what position you are looking at POW from. If your invested and down, sell because you clearly do not believe in the company. If your not invested and looking for a reason too, if you haven't seen it over the last few years then why are you still commenting? Or if you have a cfd short open then chatting on here will do naff all as well!

So the last 5 RNS's over the previous 3 days have been the following;
1. New corporate presentation to reflect the ever developing project portfolio.
2. Commercial update at Botswana detailing the re structuring of project ownership
3. Option agreement for the purchase of 2 gold & copper projects
4. Grant of production licence
5. New subsidiary of Power Metal Investments Ltd for project and deal flow

Yes the SP hasn't moved but I guarantee there isn't a single holder that finds any of the above 'empty promises' or 'pointless RNS's'.
I would genuinely like to know what your intentions are here ayatollahblair, you've been commenting on how rubbish Power Metals are since 0.225p. You've watched this 10 bag whilst telling everyone how they are wrong, so will you continue to do so after the next 10x? I almost admire the commitment but at some point it just becomes desperate.....

What do I have to inwardly digest. Your opinion on the stock is made very clear from the constant posting. You don't attempt to share any factual information regarding the business activities and just talk down a lack of SP movement to other holders. Most holders would have looked into both the bear and bull cases for this stock before investing or moving on. Yes there is always a bear case but at least base it around their business execution and not on what they have no power over. Its called an exploration company, we all get that the risk is not finding any discoveries but you cannot deny PJ and Co have made fantastic process is a large number of areas to drive the business forward as growing entity capable of providing a niche innovative approach. Every stock holder wants regular communication with management, we have that. High management ownership to align with shareholders, check. The efficient and impactful of warrant funds to make up for dilution, check. Clear planning and corporate development, check.

If your short then fine but at least bring something to the table other than the obvious low hanging fruit over and over.