Replies to post #251 on Power Metallic Mines Inc (PNPNF)

[Fallingknife75]

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