HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: FED to the rescue again...at least trying!!!

FED to the rescue again...at least trying!!!

posted on Sep 14, 2008 06:17PM

Fed announces measures to shore up markets

MARTIN CRUTSINGER, The Associated Press



WASHINGTON — The Federal Reserve late Sunday announced several initiatives to expand emergency loan programs to cope with the worst credit crisis in decades.

The central bank announced it was broadening the types of collateral that financial institutions can use to obtain emergency loans from the Fed.

The action came as U.S. and foreign commercial banks were hashing out a plan to inoculate the global financial system against the possible failure of Lehman Brothers.

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