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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Al, is the Run-Up Short Covering?

Hi Floorman, I believe the share price of NOT went up today, because it was just plain oversold. I don't believe in the conspiracy theories, shorts covering etc etc. It was just the market correcting the oversell that had occured in the FcFaulds Lake stocks, this week. Short covering rallies occur when unexpected news comes out, catching the shorts off guard, this didn't happen today.

Tomorrow with the American Thanksgiving their markets will be closed. This should lead to lower volumes in Canada. This affords the big boys opportunties to have their way with stocks. Hopefully they want more up for the McFaulds Lake stocks.

Al

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