FULL DISCLOSURE: This is sponsored content for Power Metallic Inc..
Power Metallic (TSXV: PNPN) has spent years telling investors that the Lion Zone is one of the highest-grade copper discoveries of its kind. Its maiden resource estimate finally put independent numbers around that claim, with nearly 4% copper equivalent and 1.68% copper in the indicated category.
But the stock still sold off.
The problem was size. Lion came in smaller than investors expected, even as the resource confirmed unusually high grades, exceptional recoveries, and a deposit that remains open at depth. In this video, we break down what disappointed the market, what the resource actually proved, why 98.5% copper recovery matters, and what the upcoming PEA still has to answer about Lion and Nisk.
FULL DISCLOSURE: Power Metallic Inc. is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Power Metallic Inc.. The author has been compensated to cover Power Metallic Inc. on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
