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

To: Pete Mimmack who wrote (592)	1/26/1999 3:58:00 PM
From: mick	Read Replies (4) \| Respond to of 708

Take Your Profits and Run I saw this play a few days ago as it started to take off. I went and took a look at some of the reports they provided. The rock they are working on has very low grades of metals. When you add up all the results at todays market prices, it works out that the rock is worth roughly $ 12 Us/ton. That's assuming you separate all the minerals, there is no cost to mining, etc. This project is unthinkable at todays metal valuations and with the low grade rock they have. Its a classic Vancouver PR play. Get out while you can and invest it in some companies with real prospects.