Member Info for PowerfulPete

We do to put a couple of zeros on the 5%

Santiago, give a rest you troll. At last things are looking good for trp. I think from here the SP will be on the up with possibly a few profit takers along the way.

Tray, does it not occur to you that people are buying Gmet shares and not pow. Pow only hold share value, and as for the uranium JV the 10ml goes into a pot to finance the drilling etc also it’s a non-binding contract ,not yet resolved as to when it’ll all start. Until things get under way with the JV and a good RNS about other ventures. The SP will remain stagnant. Just my opinion of course.

Tray has been writing good stuff about pow for ages.

He mentions mcap ipos tangible assets etc blaming the market for the stagnant SP of course though doesn’t effect Gmet pow bought shares in them so we only hold share value, much the same as all our interests. What we need is something commercial to dig up and sell. Perhaps that will happen with ACAM.

That would be tangible.

Unfortunately not the big RNS that was going to lift the SP. That will come soon. So for now profit taking.

Earlofaim you will find on other aim chats, a persistent troll

£250.0000 Sean’s wages for the year.

Bonkers don’t patronise me. The conversation was started a while back and mushroomed into a conversation about how much a pow mine would cost. A lot of posters are saying the same thing that’ll cost millions. You’re saying depending on wether it’s an IPO or a JV. As you say though let’s drop it.

Good luck

I know that all pow have is share value in Gmet.

We won’t own the mine though they will. We won’t be able to afford it. As Sol001 says it’s madness talk.

Not sure why POWS bank balance has much of a relevance. So who on behalf of pow will pay for our mine then? Bonkers we seem to be going round in circles. It’s something that won’t happen at anytime.

What we need is that JV in Canada to start ACAM will mine it, we hold the licences. If uranium is found and mined it’ll be a win situation for pow.

Bonkers, just think about what would involved, for a start it would have to a worth setting up something to mine. Then we’d need equipment, can’t do it with just shovels, we’d need diggers JCBS, trucks the list goes on. Wages for man power, insurance. That’s just for a start. Think about how much that would all cost over years.

The construction of a mine is a very costly project that requires the attraction of significant financial resources, including at an early stage of project development. With mineral resources being depleted mining is becoming more expensive.

So yes it would cost a lot of money, more than pow have in the bank.

Yes richar, , aim has always been a trader’s paradise. It’s about making money on the highs and lows

Orionbrocker, yes, there is enough s hit going on in the world. So we need a bit of name calling and banter. Long as it doesn’t get to abusive there’s no harm.

Tray perhaps it’s down to trust in his company after all power, metals was generated from Sula, and African battery, metals, PJ promised, good things to come exploration, finding rare, minerals, gold, nickel silver, etc. nothing became of the exploration and so to raise capital. We had dilution 111.19ml shares in circulation. With that the share price went down. A lot caught the falling knife. Sure things on paper look good but what’s needed is those commercial finds. The sooner our JVs get under way the better.

Power Metal will develop projects internally or through strategic joint ventures until a project becomes ready for disposal through outright sale or separate listing on a recognised stock exchange thereby crystallising the value generated from our internal exploration and development work.

Value generated through disposals will be deployed internally to drive the Company's growth or may be returned to shareholders through share buy backs, dividends or in-specie distributions of assets.

This is taken from an old RNS interesting, dividends are mentioned. So Tray why aren’t people snapping up Pow shares

Can’t see Sean selling just yet. Can be worth more.

GMET is focused on tungsten, gold, silver and base metal mineralisation in the metals-rich state of Nevada, which, with more than 25 precious metal mines currently in production, accounts for more than two-thirds of US gold production. Yes it was a smart move by Sean buying into Gmet. POWs investment worth £18.65ml and the more the SP goes up the more pows Gmet share value goes up. Pity is doesn’t reflect on pows SP

@Tiggrrr yes 60p thanks for correcting. The SP has a long way to go before reaching the 2021 price then.

Kever, I know that Aim is and always will be a gamble. JA should RNS so everyone can read what’s happening. Not just me. Tell you what you email him and put up what he says.