I'm not going to make a technical analysis of a $38 million dollar company. What I will say is that this mining company is looking for cesium. The world is reliant on China for this rare earth mineral. If Power Metals can find it deep in the lakes of Canada where it's searching - you can figure out where this goes. At .26 cents per, like many speculative...
These are my thoughts on PWRMF. They are meant to give you an idea, not trading advice.
Don't know if there will be another drop, but this chart seems to be forming a big bull flag.
IF it breaks to the downside, expect very low prices, between 0.06 and 0.15
Please be careful, as the market never gives you certainties, only probabilities!
ALWAYS REMEMBER THIS...
These are my thoughts on PWRMF. They are meant to give you an idea, not trading advice.
Power Metals corp. broke through resistance today making it support. If it can hold this as support, there's a good chance for some big profits.
Please be careful, as the market never gives you certainties, only probabilities!
ALWAYS REMEMBER THIS WHEN YOU TRADE
These shares have been dormant forever, but they are picking up because company is claiming ownership of 15% cesium deposits in NE Ontario. Heretofore a hopeful play on Lithium, the Vancouver penny mining stock crowd is now claiming pay dirt in the cesium element. Certain investors seem to agree, and set off a bottle rocket that may be hitting its apogee. If I...
