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Polymet Mining Corp T.POM

Consumer Cyclical Metals & Mining Advertising Agencies Industrial Metals & Minerals
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.


TSX:POM - Post by User

Polymet Mining Corp
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Comment by Sonsubon Aug 27, 2009 10:37am
261 Views
Post# 16254424

RE: What does this mean?

RE: What does this mean?https://messages.finance.yahoo.com/mb/PLM

Wrong board here for info see above.

Means they want )at some stage) to raise money through dilution/warrants etc.

Double edge sword - they are confident of it going ahead BUT will need more money once the nod is given.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities