Member Info for PowerfulPete

Yes, Pilot Mountain started by Paul Johnson bought off Thor with cash And shares. China supply 80% of the the worlds Tungsten, USA want buying from them stopped. It’ll be down to grants which will keep liquidation for pow down. Going to be a long process. If it comes off be a nice earner.

Sol001 all I’ve said is what has happened to this company and previous ones before it became Power Metals. And it’s true about the 2billon shares now on their books. And not finding a shovel of anything worth selling. As I said I’ve bought into this company I hope they come good. They just have to convince the market. Not a hypocrite more of hope my investment of £10.000 comes good.

I’ve been here since it was Sula gold, no gold.

Then the the name change to African battery metals

drilling for cobalt nickel etc for lithium battery power, the CEO then was Roger Murphy they had licences and assets. Luckily I sold up both times before they tanked. Then another name change to Power metal resources they also kept the African licenses have added more and delved into IPO’s

Will they do any better than the previous two.

You see Tray and Donkey it all about risk aversion

at the moment with pow what ever you do to try and ranp it up the market doesn’t think it’s a great investment. As I’ve always said a balance sheet tells you only what a company has on paper. At the expense of its share holders this company has been diluted with 2billion shares. Although I bought in at 3p I’ve also bought more on the downward only to lose on the fact that the share price is a pitiful 0.70 that’s a due to dilution and sell offs. What will it take for the market to buy back into this company that’s never found a shovel of anything.

I hold in hope.

Roger-well put, my feelings as well.

Tray I used 10 bag as a figure of speech meaning that’s what we investors want. You are stating facts for hope.

And yes I’m down on my original investment .

Because this company has underperformed.

I hold in hope.

Goood luck

Tray- it is an interesting ramp post you write. But lm only interested in getting something back for my investment, yes, I like a lot of investors want this stock to 10bag . Turning 1 million into 3 million is not going to cut it. The IOP’s need to do well and at the moment their not. Their investments in other companies need to do well. If this was such a great investment people should be piling in. Fact is I only invest in the aim for a quick profit. For a slow burner it’s the blue chips . For now I’m a holder.

This company Tray is an exploration one, well it started off as that. Sure you need a license to drill

and that takes cash. You write a good post Tray

full of info. Bottom line though is profit not dilution.

Not paper equity. Until then it’ll stay where it is.

Tray-they’re only assets on a balance sheet pow need a commercial find to sell, that means profit.

I don’t think the market will come near until that happens. Or as suggested sell it all.

Who’s going to buy a company that’s not making any money on their investments. Have to be brave

speculators.

In someways yes, Sula gold to African battery metals and now power metals. Hopefully pow will do better than the previous.

Donke-my last post tells you nothing except I made a mistake and admitted it. So stop repeating yourself.

As for pow ramp it all you like a balance sheet only tell you the assets and on paper what the company is worth. Licences mean nothing unless something is found. I hope pow do well, I think they owe it to their investors to get something going.

Good luck

Donkey-ok you said the spin offs underpin the balance sheet, when I first wrote the uranium underpins, I did realise I miss quoted you. But you got personal. If you had pointed it out without the insults I would have admitted it. Personal posts is not what the BB is all about. Happy now.

You can only presume it’s reading comprehension skills I lack. Not really I just wanted to wind up a persistent annoying ramper. By twisting your words. Now get off my back little Donkey

A great post Bonkerss, my thoughts exactly.

I’m one of those people who bought into the PJ exploration hoping for that commercial find.

Fortunately I’ve averaged down, still in the red though. Licenses and IPO’s is all they have left.

As you say a long hold.

Underpin holding up a building a solid structure. Upside something that could come good.

Balance sheet, assets and the worth of a company.

Doesn’t mean pow will make money and come good.

We wait in hope. Good luck

Tray-you always write a good post plenty of knowledge and reasons why we should all be buying. But I won’t increase my holding until there is a commercial find. Sure on paper pow is worth money. But for me still only a speculative buy.

Just my opinion of course

Good luck

Donkey, you mentioned uranium and said the spin outs under pin the balance sheet.

Also back in 2021 this company started off as an exploration. The SP was 3p then.

And another thing I don’t insult any one on this BB

SO engage yours before you do.

Donkey-you make it all sound good. You say the nickel could be incredible. And the uranium licenses under pin the balance sheet. But as I said it’s taken a 2billion share total from 800million to achieve it. Unless something comes out of the ground a balance sheet means nothing.

We wait in hope. Good luck

Correction not all the shares in circulation have warrant attached. Hi

Doc-you are someways right in the IPO’s are giving us hope. But pow started off as an exploration company with drills in the ground unfortunately failed. So they try a different angle buying interest in other small aim companies if they do well then the market will take an interest. To do this there is now 2billion shares in circulation with warrants attached more dilution. So you are correct there is hope value. We’re all entitled to our opinions on the BB hopefully yours and Trays are correct. Otherwise

there’s nothing. Only time will tell.

Like most aim stock it gets pumped up then sold off. If you’re in at the right time then there’s money to be made. Over the last years it’s 80% down.

Seems like a waiting game with patience required.

Or is as you say writing on the wall.