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Nobody is selling? I think people have factored in the BS law suit! It's not going anywhere.
Environmentalists allege faulty appraisal in PolyMet land swap
The environmentalists are not getting any movement in the news that's why they keep doing multiple announcements on the same law suit! The law suit is very weak...
Delay, delay, delay. That's what they live for!
Yep it looks that way!
They are now whining that they are part of a targeted no more funding by the Trump administration.??
Water Legacy only has 720 members in northern Minnesota!
All they do is raise money for the organization, just to attack Polymet, along with $71 Million dollars in tax payers money they receive from the federal government every year. Do you think maybe they should do an investigation on how they spend the monies!
This maybe an effective article.
Report: Minn. Chamber, business and unions dominate lobbying spending
http://www.startribune.com/report-mn-chamber-of-commerce-business-and-unions-dominate-lobbying-spending/416350754/
Trick I think we both are on the same page as yourAug 2016 post! Sometimes we should meet and compare notes. I think getting together will answer a lot of questions we all have on this board.
Trick
Do you have a source of the colluding of the state and enviro's. I would love to add it to my research.
By looking at the politics over the past eight years. The rule was punish your enemy reward your friend. Take a look at Obama bans six states from new mining for twenty years! Look it up July, 2013. The administration band mining in these six unfriendly states because they lost the elections in those states. Minnesota almost flipped over to trump in 2016 and soon after before the transfer power over to the new administration the new ban mining for two years to Twenty years came up out of nowhere. What better way of injuring a new administration by taking away the world largest wealth generating engine, that would benefit Minnesota, Ohio, Michigan, Wisconsin, Iowa, Kansas, and the rest of the United States Of America. These states need to stand up for how these PGM'S will benefit all of the voters and jobs, and businesses in all fifty states.
I'm personally tired of seeing the country being held hostage! By a few groups of people who want to destroy our country.
Here is live hearing portal on Domestically Sourced Raw Material for infrastructure projects.
With the Testimony of?Dr. Nigel Steward?Managing Director, Rio Tinto Copper & Diamonds before the Oversight Hearing on The Importance of Domestically Sourced Raw Materials for Infrastructure Projects
Tuesday, March 21, 2017 10:00 AM
Subcommittee on Energy and Mineral Resources
1324 Longworth House Office Building Washington D.C. 20515
http://naturalresources.house.gov/calendar/eventsingle.aspx?EventID=401672 in our country!
Here is live hearing portal on Domestically Sourced Raw Material for infrastructure projects.
With the Testimony of?Dr. Nigel Steward?Managing Director, Rio Tinto Copper & Diamonds before the Oversight Hearing on The Importance of Domestically Sourced Raw Materials for Infrastructure Projects
Tuesday, March 21, 2017 10:00 AM
Subcommittee on Energy and Mineral Resources
1324 Longworth House Office Building Washington D.C. 20515
http://naturalresources.house.gov/calendar/eventsingle.aspx?EventID=401672
This would be one of the worst decision Polymet and Glencore would make too try's to sell the investors short on their investment in PLM, with all the information pertaining to this stock, and the past opportunity of $3.5 million purchase price of the LTV Plant and, the multi trillions of dollars of resources in Platinum, Platinum, Gold, Copper.
Polymet will be the only U.S. processing plant in about two thousand miles. Polymet will process all the resources of Ohio, Michigan, Wisconsin, Minnesota, Iowa, Kansas. Which will be in the multi trillions of dollars. Now what's in favor for the PLM investors right now is, that BLM Director of the Eastern States (Karen Mouritsen) is not a cabinet-level official in the Department of Interior that has been appointed by the President and confirmed by the US State Senate. According to MnNRC what it means, is review of the land withdrawal application by the US Forest Service is taking place at an organizational level that is outside of the authoritative limits of the Secretary of Interior- contrary to the FLPMA, Title II statutory mandate.
Re: Federal Register Vol. 82, No. 12; Thursday January 19, 2017
Policy statement from the US Code, 43 USC 1714(a) - otherwise known as Title II of the Federal Land Policy and Management Act of 1976.
For more information contact: info@mnrc.org
Join the organization, they have put a lot of work in for the investors of Polymet, they need your support!
115TH CONGRESS 1ST SESSION
S. 145
To require the Secretary of the Interior and the Secretary of Agriculture to more efficiently develop domestic sources of the minerals and mineral materials of strategic and critical importance to the economic and na- tional security and manufacturing competitiveness of the United States, and for other purposes.
https://www.congress.gov/115/bills/s145/BILLS-115s145is.pdf
BLM Land Withdrawals is 2017 new trends! Are illegal!
43 USC 1714 Minnesota, and others Idaho, Montana, Nevada, Oregon, Utah and Wyoming.
http://uscode.house.gov/view.xhtml?req=(title:43%20section:1714%20edition:prelim)
ELKO – Anyone who wants to comment on the plan to withdraw about 10 million acres of public land from mining claims over the next 20 years has until the end of the month.
Elko was one of eight “open houses” hosted in February by the Bureau of Land Management to gather input on its plan.
The proposal follows an initial two-year moratorium on new mining claims.
“This is the next step in a process that started in September 2015 with the successful efforts of the BLM and its state and federal partners to prevent the Greater Sage-Grouse from being listed under the Endangered Species Act,” stated the federal agency.
The draft Environmental Impact Statement analyzes five alternatives, ranging from no action to the withdrawal of approximately 10 million acres of federal locatable minerals in certain areas that the agency says are crucial to the greater sage grouse in six states: Idaho, Montana, Nevada, Oregon, Utah and Wyoming.
“Neither the segregation, nor any subsequent withdrawal, would prohibit ongoing or future mining exploration or extraction operations on valid pre-existing claims,” stated the BLM.
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To develop the proposal and its alternatives, the BLM held public meetings in 2015 in the six states to gather information and comments. The BLM also incorporated a mineral resource assessment prepared by the U.S. Geological Survey to help develop a reasonably foreseeable development scenario for the draft EIS.
The proposal was published in the Federal Register on Dec. 30, 2016, and carries a 90-day public comment period that will end March 30, 2017.
Who ever he is he was spot on the price.
Greg do you have a source?
Here is a little history.
Merger of the century
If the deal actually happened, sources in the industry believe there would be “massive regulatory issues” around a Rio-Glencore merger.
“Let’s face it, they (Glencore) had to sell Las Bambas to do Xstrata (merger), what would they have to sell to do Rio?”one resource fund manager said about the potential deal.
“They couldn’t even pull off the nickel merger with Vale in Canada.”
While Glencore doesn’t have the quality assets of Rio Tinto or BHP Billiton, the company has a phenomenal management organization.
“The argument within Glencore is that management have had to work harder because of (the company’s) lesser-quality assets and their internal belief is that they do it better than BHP and Rio because they are not blessed with wonderful assets.”
A merger with Glencore would give Rio shareholder “the best of both worlds” including a chance to share in potential upside in Glencore’s coal, copper and nickel mines.
“A Rio Tinto-Glencore combination would create market leading positions in iron ore, copper, nickel, zinc and coal as well as significant optionality around a number of lesser metals and minerals,” said Paul Gait, senior analyst for Wall Street brokerage Bernstein Research.
“Moreover, it would create the biggest and most diversified mining company on the planet. It would be a Glencore-Rio combination that would quickly become the ‘most own’ stock for anyone looking for mining exposure.”
With Glasenberg at the helm, anything is possible.
That's a interesting outlook! USS has more power and creditability here in Minnesota then Glencore, that could be a real possibility. Good call!Greg444
Glencore would be the kiss of death for Polymet mining and the refining of PGM'S in this state, just in their environmental disasters records and the fines alone. They have way to much baggage to take over this project. The enviro's would destroy any chances of mining for the next thirty years in this state. Polymet needs to move forward as a Jr. Mining company and need to keep their clean record, or go out of business! Now once Polymet proves that mining can be environmentally safe then Glencore could come in and buy us out in cash or stock trade. IMO.
GL
It seems Pretty obvious and the SEC should take notice of these trades!
What Is Stock Market Manipulation?
Stock market manipulation is the intentional distortion of market prices by brokers or by entire investor enterprises. These manipulators gain profits at the expense of other market participants' losses. "Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock," recites the U.S. Securities and Exchange Commission (SEC).
"They include: spreading false or misleading information about a company; improperly limiting the number of publicly available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security."
IMO
It seems suspicious that nobody was trading their shares, and at the end of trading 200,000 were sold and bought at same time. What is the probability, that they sold and bought their own stocks back to lower the price?
Interesting thought! What do you think?
This administration has been in office 46 days! There is action going on, but the Republicratics are the ones stalling the momentum. Give your legislators a call and let them know where you stand with the new administration. Let them know you will vote them out of office if they don't stand with the voters!
The share volume average has not changed, even though the first sale was large. Nobody is buying it what the manipulators are shoveling!
By Ron Brochu
President Donald Trump, left, addressed CEO’s before receiving their input at a Thursday meeting in the White House.
President Donald Trump said last week he would visit U.S. Steel’s taconite operations in Minnesota.
His comment came at a meeting with manufacturing chief executives held at the White House.
Mario Longhi, president and CEO of U.S. Steel, extended the invitation to Trump during introductions. He spoke following Caterpillar Executive Chairman Doug Oberhelman, who launched a discussion about a rebound in demand for heavy trucks (which are used in mines)
“What a great company. I love Caterpillar. I’ve been driving ‘em for a long time,” the president said.
“Well, come out and see us and we’ll put you into one,” Oberhelman said.
After Longhi introduced himself, Trump expressed optimism about the domestic steel industry.
“You’re going to be doing pipelines now – you know that, right?” Trump told Longhi. “We’re putting you heavy into the pipeline business because we approved the Keystone and the Dakota…they have to buy steel made in this country and pipeline made in this country.”
Longhi suggested Trump get to the root of American-made steel.
“By the way, when you come to drive trucks, come up to Minnesota to see our mines. You’ll see them (trucks) running up there,” said the steel executive.
“I’ll do it. I’ll be out there,” Trump responded.
It’s unknown whether the president was serious or just being polite, but a seed has been planted.
Following the public introductions, participants continued their conversation in private.
March 3, 2017
Good call!
The accumulation pattern happen in March 2014 9 millions share transferred that month.
Welcome back Greg your post article.
EPA chief delays mining site cleanup rule after industry objects has been pickup by 27 news wires!
Now you can see the organizational movements are moving Polymet forward along with the political movements! Soon they will be in agreement with each other, then we will have PGM mining in Minnesota!
http://www.hometownfocus.us/news/2017-02-24/Mining_Features/Jobs_for_Minnesotans_support_responsible_mining_en.html
http://www.hometownfocus.us/news/2017-02-24/Mining_Features/Mining_supporters_get_organized_Fight_for_Mining_M.html
http://www.hometownfocus.us/news/2017-02-24/Mining_Features/Mining_Minnesota_Have_your_voice_heard_on_federal_.html
Go-Polymet!!!
This is another add on Polymet's and Jon Cherry perfect storm!
Trump to sign executive order on regulation
http://thehill.com/regulation/finance/320980-trump-to-sign-executive-order-on-regulatory-reform-report
Bingo water frozen that is what my research show me to!
Z
The 2016 election in Minnesota we came within 1.48% from turning from a blue state too a red state. I'm seeing changes in the political environment, that should benefit mining in the state in the near future. GL
GoPolyMet liked Jobs for Minnesotans's Tweet: Take action now to support job creation and the future of #mining in Minnesota! Submit a comment today at
Take action now to support job creation and the future of #mining in Minnesota! Submit a comment today at https://t.co/aGjbbhvPfD
— Jobs for Minnesotans (@JobsforMN) February 18, 2017
Amen to that!!!
Right out of the gate at 8:30 CST 20,000 shares. I think after seeing what happen to Pebbles Mining, PLM maybe be starting to heat up. IMO
Good luck to all.
Mad Money
Off the charts
Cramer went to the charts to get a technical view on copper as it determines the health of the overall economy. "Copper's strength is part of the traditional metrics that define economic growth and it can be a part of the rational justification for what so many believe is an irrational rally," he added. He checked the charts with the help of technician Ed Ponsi.
Copper is at a yearly high and the markets are at all-time highs. Ponsi said that history suggests the economy tends to make powerful moves when both stocks and copper move together. "It is not a crystal ball. However, those who ignore history are doomed not to profit from it, so it would be a mistake to ignore copper's latest move," said Cramer.
The market loves increased demand for copper but the rally in copper seems to be supply related. Workers are on strike in the biggest copper mine in the world and many companies have cut production as well. Ponsi noted that China consumes 50% of the world's copper and when its economy is growing, the price of copper rises too.
Weekly charts from 2008 show that Copper bottomed in 2008 and then tripled by 2011 hitting a peak. China's trade balance shows that their economy is on the rise for the first time in years. Ponsi believes that a copper rally could be good news for the global economy and US stocks in general.
"I am still a bit skeptical because if copper is only rallying because of tighter supply, then that is a lot less significant for economies around the globe," said Cramer. However, copper strength could mean strength for the overall market.
Copper Price Forecast, February 2017: Mining Stoppages Support Movement
https://agmetalminer.com/2017/02/13/copper-price-forecast-february-2017/
Here is the order to reduce 75% of regulation mining is included!
https://www.whitehouse.gov/the-press-office/2017/01/30/presidential-executive-order-reducing-regulation-and-controlling