Replies to post #9466 on Polymet Mining Corp (PLM)

[Galingale]

Thank you for your often repeated advice. The recently published 43-101 was the work of 9 independent agencies. Under SEC rules, the Company was not permitted to co-ordinate, or even be involved, which is probably why the Report was incomplete, contradictory, inaccurate and risk averse. I have seen no evidence of any previous report, so will make no comment regarding a two thirds reduction in projected profit, other than the fact that the Star Tribune, that mouthpiece of environmentalists, trumpeted an IRR of 30%. As I have said previously, no costing was offered for capital expenditure other than for new. They even included a contingency of 15% for risk aversion. It seems to me to be quite clear that the Company is going straight for Phase 2, which is why permitting and FEIS work is underway now. Had the Report accurately covered all of that, the current assertions of disaster would have been put into perspective.