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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Monday morning thoughts

Dec 09, 2007 09:59PM

HSS
Dec 09, 2007 10:34PM

Well another week is upon us and my spidey senses telling me this will be a news filled week for the McFaulds Lake stocks. After the slow and steady drop in share prices last couple of weeks a spike of news will be a welcome respite.

NOT, expecting some assay news this week, finally. Investors  have Hole #18 on their radars, especially after hearing from management of Norant telling us #18 looks like #5 from visuals. For those that forget #5 was the hole that many call the richest assay results in the history of Canadian mining. The chart for NOT is showing a turnaround and most indicators have turned bullish.

BMK, the current drill program testing numerous McFaulds Lake anomolies has perked up investor interest in this stock of late.  All chart indicators have turned bullish, telling me some good news must be near. If you have been thinking about taking an investment in this stock, this may the a good entry spot.

FNC, finally got some investor interest last week, a spike in volume and share price was a welcome respite . Many investors are waiting for news from the latest EM survey from this stock. The chart  has definately turned bullish, indicating good news on the horizon.

FWR, suprised with this stock last week, it looked like it was ready to take off, then sold off on Thur and Fri. A series of lower highs and higher lows is grinding down into a wedge on the chart. A share price over $.28 would tell me its buy time, conversely a break below $.21 and I would bail if I owned it.

SPQ, chart is a mirror image of FWR, no real direction. For those spreading their risk in McFaulds Lake stocks, this is a must own stock due to their huge land ownership.

Good luck to all in the McFaulds Lake area play stocks this week. Hopefully our patience will be rewarded.

Al

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Dec 10, 2007 02:28AM
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