RE: New Acquisitions19 Nov 2021 18:02
Power metals and its portfolio that Paul jonson is building. Is NOT about now or next week/month. It's all about building assets and hopefully discoveries of large minerals/metals that will be in demand for years to come. What Paul is building is to cover most commodities. Ie edging his bets. Gold for instance is now rebounding of its lows while others are having a small pullback. As for uranium assets. More and more countries are seriously looking into smaller nuclear reactors. To run along side green energy to fill the gap when wind / solar is not at its peak. Gold is a good edge against inflation, and its coming imo. Followed by interest rates going higher. So if you look into the future, ie next 2,3,5 years. Not weeks. You can see he has covered most sectors for the future demand that will surely come. Many are saying that the commodity sectors are on a bull run, and will continue for decades to come. With the obvious pull backs along the way. Many mines are coming to their end of life around the world. The bigger players depend on exploration companies like POW . To go out and discover the next large scale and profitable deposits. Good quality and high grade deposits which ever they may be. Will be attractive to any of the major companies as they look to the next 30/50 years. Not weeks/months. Will POW ever go into mining ??. Wouldn't think so myself but you never know. But I can see royalties and maybe equity being attached to any sails that might materialise. BUT it's all down to getting boots and the drills on the ground and fingers crossed. Finding the next major discover what ever that maybe. Be it Gold, silver or copper nickel etc. Best of luck to all.