The cleansing of the Augean stables that is the AIM sewer has seen loathsome Neill Ricketts fired, oops sorry resigned, today but there is another high profile ramper walking the plank, Paul Johnson of Power Metal Resources (POW). Johnson’s departure is buried at the bottom of a release about a “strategic business update”. Whatever…I smell bull.
Long suffering Teathers Financial shareholders could actually be on the verge of seeing the company actually worth something again after a deal with Power Metal Resources was announced, but for me it raises a lot of questions.
Power Metal Resources (POW) “is pleased to announce the execution of an agreement to acquire two exploration properties in Nevada USA” and results from further geochemical soil sampling and geological mapping on the Morula target at the South Ghanzi project in the Kalahari Copper Belt, Botswana. What’s the detail and potential import?...
Having been heading down towards 2p a couple of weeks ago, shares in Power Metal Resources (POW) are higher following recent news flow. Is there more to come? You bet!
Shares in Power Metal Resources (POW) have moved further higher in the last couple of days, including with “Alamo Gold Project - Exploration Commences” and “Director/PDMR Shareholding” announcements...
Recent tip Power Metal Resources (POW) “is pleased to announce that following the successful completion of project due diligence, Power Metal has agreed terms to acquire an option to earn-in to the Alamo gold project in west-central Arizona, USA” – and the shares have currently responded significantly higher...
Companies which have undergone several name changes and have never managed to achieve anything in their previous incarnations always raise red flags for me, and I suspect that Power Metal Resources (POW) will follow a similar trend to many others that fall into this category.
