Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
PJ can barely contain his excitement.. he knows what's down there but can't say until results confirm what he suspects and is commercial... if this comes off then WOW.. prudent raise to keep cash in the bank and accelerate drill (Sept) into Molopo... good times just round the corner me thinks...
Tray, he didn't even know what g per ton is, had to ask, yet is invested in a junior explorer, complete clown.
I'm happy with this.. raised at 2p, keeps cash in the bank and gets that drill right into Molopo which could be transformational, crack on Paul, results from this drill are mouth watering...
PowerMetRes signs an agreement for the 100% acquisition of Pardoo Resources Pty Ltd by FDR UK which holds Wallal West 1, Wallal West 2 & Braeside West Project licences in the Paterson Province.
Paul Johnson Chief Executive Officer of Power Metal Resources plc commented: "It's great to be able to expedite the restructuring of the FDR UK interests and saves us some time and cost. "
Does the research you did that brought you to the decision to invest still stand?
That's the question I ask myself I ask myself if I am ever looking at a paper loss.
If nothing has changed I remain invested (or even add) and wait for the SP my research led me to believe the company is worth or will be worth to materialise.
Obviously another thing to consider is timeline to target SP, are you able to leave your funds invested for that period of time.
So for me, i'm happy to hold having bought as low as a penny and as high as 3p.
Hope this helps...
bmcm, as part of your research, the best thing you can do with a company in the exploration phase is to see where they are, what they are after, how many irons they have in the fire, chances of success as nothing is ever guaranteed, knowledge and experience of the CEO, how much skin in the game CEO has, comms, and liken the business model to any previous successes or failures.. i've been accumulating shares since end of July 2020 here and continuing to add as my opinion is we'll see a nice return from these levels in the coming months and years...
Power Metal announces commencement of its Phase I work programme on the Authier North #Lithium Property in the prolific Val D'Or mining camp in Quebec, Canada.
Power Metal Acquires 4 100% Owned Uranium Properties in Saskatchewan's Athabasca Basin in Canada. The four 100% owned Properties cover a combined 10,869-hectares (109km2) give Power Canada a strong foothold in the prolific Athabasca Basin.
Results have confirmed a large scale #gold-in-soil anomaly with high-grade rock assay up to 26.5g/t gold
Soil sample assay results returned up to 1,614 parts per billion
We now move forward to a new phase in Power Metal's development and find ourselves at a notable value inflection point. Our portfolio covers exploration for nine metals and we currently have eleven exploration programmes underway or planned for the balance of 2021, including five drill programmes.