DM News is Great for FRA and POM/PLMAll,
Yesterdays DM news which saw their share price up another 10% to $3.35 is great news for FRA too,(and POM/PLM) who will be able to claim more metal based on higher recovery rates.
FRA versus POM/PLM versus DM is not a race. What's good for one is good for another. I just happen to support FRA but others have equally good reasons for supporting the others.
As explained earlier FRAs summer is gonna come again....
https://www.stockhouse.com/bullboards/viewmessage.asp?no=15767543&t=0&all=0&TableID=0
https://www.stockhouse.com/bullboards/viewmessage.asp?no=15850693&t=0&all=0&TableID=0
smilewithme
Duluth Metals Announces 95% Copper and 72% Nickel Recoveries From Initial Metallurgical Tests
TORONTO, Canada, Oct 04, 2007 (PR Newswire Europe via COMTEX News Network) --
Duluth Metals Limited ("Duluth") (TSX: DM) (TSX: DM.U) today announced significant high extraction and recovery rates for its initial metallurgical tests of the Nokomis Deposit copper - nickel - PGM ores. These results, prepared by SGS Lakefield, confirm the use of conventional flotation - concentration and hydrometallurgical processing using the Platsol(TM) Process as the preferred method of final recovery. SGS Lakefield is currently preparing a full report that will be available on SEDAR. The Nokomis Deposit occupies approximately one third of Duluth's Maturi Extension Properties near Ely, Minnesota.
"Final recoveries of 95% for copper and 72% for nickel are tremendous, with excellent recoveries on platinum and palladium." stated Dr. Henry Sandri, President and CEO. "The first stages of processing, consisting of crushing and grinding followed by flotation and concentration, are all conventional techniques and SGS Lakefield confirmed that our mineralization requires only standard processing and chemicals - nothing out of the ordinary. The exciting part was the successful use and high level of hydrometallurgical recoveries using the Platsol(TM) Process which allows for an environmentally clean method of recovering base and precious metals. These recoveries are some of the highest seen to date with Duluth Complex ores".