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: The Dominoes are starting to fall O/T
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The Dominoes are starting to fall O/T

posted on Oct 04, 2008 01:42PM

The Sunday Times

October 5, 2008

Bonfire of the hedgies

Only the strongest will survive as the global crisis lashes the funds sector

The Times

October 4, 2008

Dutch Government buys Netherlands part of Fortis

Christine Seib

The break-up of Fortis began last night when the Dutch Government bought the Benelux financial group’s Netherlands operations in a €16.8 billion (£13 billion) rescue. Fortis is already partly state-owned after the governments of Holland, Belgium and Luxembourg each took a stake in it at the weekend .



From The Sunday Times
October 5, 2008

An icy blast cuts deep into Iceland

The economy’s hot spell is over

Matthew Goodman

WORRIES over the state of Iceland’s economy have been building for some time but they have never seemed as justified as they have been in the past few days.

The week got off to an awful start when on Monday the Reykjavik government stepped in to save Glitnir, the third-largest bank, after it ran into funding difficulties.

The government spent €600m (£467m) for a 75% stake, which wiped out the bank’s largest shareholder, the investment company Stodir, which owned 32% of the shares. As a result, Stodir was forced to apply for administration.

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