Power Metals! 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 mining companies, it may be worth the risk. I think it is
PWRMF trade ideas
Power Metals Corp.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 WHEN YOU TRADE
POWER METALS - breaks resistanceThese 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
I'd short this if shares were available to borrowThese 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 could, I would short the mutha now and buy it again at about .2458, but Fidelity has no shares to lend. I've watched this thing for several years, and can testify that at least somebody cares enuf about the stock to pay the exchanges and auditors. The auditor, Crow MacKay, is an appendage of the Crow XXXX group of iffy 3rd tier CPA firms doing business in Canada. A retired accountant malpractice expert, I wouldn't trust such a firm with my lawnmower. In the US, Crow is affiliated with Horwath, part of the world class failed crooked Jewish CPA group Laventhal Horwath, but they are gradually ditching the name Horwath. My question is, how could these loser CPA's ever have been dumb enough to fly the Horwath name? So be careful with this one. Do not trust their financials, they will show whatever management and Crow Horwath want. Anyone know where you borrow a few shares?