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Gold/Mining/Energy : PolyMet Mining Corp POM.V (was Fleck Resources) -- Ignore unavailable to you. Want to Upgrade?

To: Shaun M. Dykes who wrote (554)	12/7/1998 5:12:00 PM
From: Pete Mimmack	Read Replies (1) \| Respond to of 708

POLYMET MINING, INC. - DUNKA ROAD METALLURGICAL SAMPLES READY FOR CONCENTRATE PRODUCTION VANCOUVER, BRITISH COLUMBIA-- "Approximately 75,000 pounds of mineralized material from the metallurgical drilling program at the Dunka Road Project has been shipped to Lakefield Research Laboratories in Brampton, Ontario. The production of a bulk sulfide concentrate will begin the week of December 13, 1998. The anticipated one plus ton of concentrate should be produced by year's end. This concentrate will then be subjected to various bio-leaching, pressure oxidation leaching, and other hydrometallurgical tests. The Company further announces that is not proceeding with the 1,000,000 Unit private placement announced in its News Release of October 6, 1998 (Press Release 98-15). The Company has granted incentive stock options to an employee in respect to 10,000 shares, exercisable at $0.75 per share, for a period of two and a half years, subject to regulatory approval." Talked to IR last week and was told that due to drilling delays, they missed a cycle at Lakefield so their run got pushed back to now. That PP was to be at $1, so I bet they're having a hard time selling it with the stock 20+% lower. Pete