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Re: None

Tuesday, 07/12/2016 3:09:35 PM

Tuesday, July 12, 2016 3:09:35 PM

Post# of 12822
Fully expect Polymet to do a reverse split of up to a 10 to 1 ratio, before the year is out or by end of 1st quarter 2017 at the latest.

It will be a part of the overall project financing as a 10 for 1 would bring the share price to around $7.80 after the reverse split and drop the fully diluted share count down to around 35 million.

Institutions cannot buy into stocks under $5.00 and in some cases under $10.00. Also options due not trade on stocks trading under $5.00 with rare exceptions.

Reverse splits are largerly viewed as a bad sign for a stock and most of the time for good reason. In Polymets case it will be a strong positive as this project FINALLY becomes a producing reality.

Lots and lots of $$$$$$$ to be made in the months and years ahead with this stock. If you are not versed in option trading - learn it! This is were the real money is made.

Will touch back in the near future.

Ferrous
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