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)

Free
Message: A "cool it thought"
46
Nov 13, 2008 05:31AM
8
Nov 13, 2008 05:55AM
4
Nov 13, 2008 07:27AM
2
Nov 13, 2008 07:38AM

Don

A good "cool it thought"; exerpt from attached:

"November 15th is the last day for year end hedge fund redemptions"

Peter

From :Frank Mersch (October 30th, 2009)

The Perfect Storm
-we had a perfect storm and the boat almost capsized on us

3 Parts to the Perfect Storm:

1) Lehman Brother's bankruptcy
-this has not received enough attention, and not many people are aware of
the extent the problems that this bankruptcy created
-numerous hedge funds that used Lehman Brothers as their prime broker have
imploded, as assets have been seized + sold or frozen

2) Credit Crisis + Financial Crisis

3) Tax Loss-Selling

Where are we now?
-all of these have fed off one another, and that's why we are where we are
today
-everything has been oversold
-could have a very violent bounce on the upside
-November 15th is the last day for year end hedge fund redemptions
-the bulk of redemptions will be done by this date
-de-leveraging is 75-80% done

4
rek
Nov 13, 2008 08:13AM
2
Nov 13, 2008 08:20AM
1
Nov 13, 2008 08:29AM
2
rek
Nov 13, 2008 09:53AM
Share
New Message
Please login to post a reply