Polymet Mining Corp PLM.R.W

Primary Symbol: T.POM

PolyMet Mining Corp. is a mine development company. The Company is engaged in mining copper, nickel and precious metals from the NorthMet ore body. The Company owns the NorthMet Project and Mesaba Project, which is a copper, nickel, cobalt and platinum group metal (PGM) deposits. The NorthMet deposit is located in the Partridge River Intrusion of the Duluth Complex, a geological formation near the eastern end of the Mesabi Iron Range, which is an undeveloped accumulation of copper, nickel and platinum group metals. The Mesaba Project is located in St. Louis County, Minnesota. Its NorthMet is a disseminated sulfide deposit in heterogeneous troctolitic rocks associated with Mid-continent Rift, and is rich with copper, nickel, cobalt, platinum, palladium, gold and silver. The majority of the metals are concentrated in, or associated with, four sulfide minerals: chalcopyrite, cubanite, pentlandite and pyrrhotite.

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Polymet Mining Corp

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Comment by Sonsubon Sep 11, 2007 5:35am

300 Views

Post# 13371766

RE: Hey Sonsub

Hi MK, I do subscribe to TMS I am currently out of Dulluth (for now) but into FRA. However all companies in the area will benefit once permit is issued for Erie. 100,000 Tons per day potential with Polymet only using 30,000 Beautiful - theres enough capacity for all...and POM will benefit greatly. Getting this redundant mill was a brilliant stroke and POM management deserve any bonuses they will get. Has been a lull during the permit process and share price was 'put back' 6 months with the slightly deayed EIS but so what! its coming and will gross $500 million at even low metal prices. Fast forward 3 or 4 years.........What do you think the share price could be?? FRA AND DM and dont forget Teck Coms 1000 million ton deposit right next door - just a couple of miles East from Northmet.... This is the place to be all IMOP.