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Friday, May 29, 2026 10:09:33 AM
For the moment anyway. Today's PR brought down the share price to the expanded offering level. C$1.25 converts to $0.91 so that's where it fell to.
https://www.otcmarkets.com/stock/PNPNF/news/Power-Metallic-Mines-Announces-Upsize-of-Brokered-LIFE-Offering-for-Gross-Proceeds-of-up-to-C30-Million?id=523307
On the bright side for Longs, the offering was expanded due to "strong investor demand". If they are paying attention, the shorts should cover while the opportunity exists.
I'm looking to add on the dip.
All the best,
Knife
https://www.otcmarkets.com/stock/PNPNF/news/Power-Metallic-Mines-Announces-Upsize-of-Brokered-LIFE-Offering-for-Gross-Proceeds-of-up-to-C30-Million?id=523307
On the bright side for Longs, the offering was expanded due to "strong investor demand". If they are paying attention, the shorts should cover while the opportunity exists.
I'm looking to add on the dip.
All the best,
Knife
Do your own DD and trust it, no one else has your best interests in mind.
Recent PNPNF News
- Power Metallic Mines Announces Upsize of Brokered LIFE Offering for Gross Proceeds of up to C$30 Million • ACCESS Newswire • 05/29/2026 01:50:00 PM
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