Well another week is upon us. Hopefully some sanity returns to the McFaulds Lake stocks, after last weeks gut wrenching tree shaking. However as long as a lack of news prevails these low volume slides are likely to continue. Investors should get used to these ups and downs as I believe we are still in about the 3rd inning of a long ballgame with these stocks. A year from know and we still won't know the whole story from McFaulds Lake.

From my weekend readings I have started to hear more and more how investors are clueing into the fact FNC and PRB are two stocks with enormous potential. In a couple of weeks we should have a better handle on what these two stocks have as the new EM surveys should be released. The low out standing share count on both these stocks could lead to some explosive moves in share prices if any good news is released.

The close of NOT under the $5 mark last week makes me very leery of this stock in the short term. However it most likely will have some good share price swings intraday for the daytraders. This will give many the chance to bring down the cost per share of their core positions. NOT needs good news and soon, from the drill bit or it has good chance of further pain in its share price. The pivot point for NOT is at $4.74, with resistance points at $5.30, $5.71 and $6.28 The support levels are $4.32, $3.75 and $3.34

This week BMK's share price should hold up well because of speculation from its current drill program. Don't see much downside for FNC or PRB unless NOT does the complete tankeroo. Personally I will use any share price decline in FNC as a buy point for more shares and I would imagine many others feel the same way.

Best of luck to all the McFaulds Lake players this week.

Al