Ann: FML: Response to Hanking's NBIO for the Coolgardie Gold Proj, page-10

Yay deal is still alive.. hopefully executed next week.. this Revised Hanking offer was another distraction..

Lets get this Consolidated BFS happening.. I am confident POG will remain high next year. FED pumping $75b per day into repo market as liquidity has exhausted they plan to do this to oct 10th unfortunately it won’t fix the problem.. effectively we have another QE.

Liqudity problems stem from 2 problems that have brewing the market. 1. Projected trillion dollar + deficits banks are using repo cash to buy US treasuries 2. Higher reserve capital requirement from BASEL 3