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 nob231on Jun 10, 2013 4:48pm

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Post# 21508093

RE: RE: RE: RE: RE: RE: Rights offering

I was including in the price more than just copper, but the other precious minerals. However, you do have a valid point on the Capex, not sure how they can raise those funds. The Rights tanked today, I sold I all my rights today before they go close to zero, and I may buy them back if they go to 5 cents. Over 4 million rights were trading today, and this is only to go lower, as the end of the rights date gets closer.

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