PolyMet Mining Corp POM.V (was Fleck Resources) Message Board

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Gold/Mining/Energy : PolyMet Mining Corp POM.V (was Fleck Resources)

POM 0.306

-5.5%

1:16 PM EST

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To: dean poets who wrote (604)	1/28/1999 2:18:00 PM
From: mick	Read Replies (1) of 708

No Easy Way of Estimating Stripping Cost Thanx for your reply. I think it would be difficult to estimate the cost of processing this ore. I generally use an estimate of $ 5 - 10 to move it alone (which maybe high in this case, I don't know). I also feel that there are some significant costs in processing the concentrate. Right now with the concentrate they have, this just looks like a way to lose a bunch of money. They have to find a better quality rock to process. <<P. This company will most likely leave investors with a sour taste in their mouths, and will definitely not help the honest mining companies in todays market! >> This is what really bugs me. Companies with honest speculative plays get hurt by speculative plays that are over valued based on there current results. If POM can find some rock worth $ 30 - 50, then it maybe worth considering. Right now, take the money and run.

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