Another day of the slow bleed syndrome is behind us and the markets overall look poised for a rebound, at least to start the day. The McGFaulds Lake stocks actually held up fairly well in yesterdays market meltdown. At one point yesterday NOT looked to be in the verge of righting itself but the meltdown quickly snuffed out any hope of a rally.

Most likely today NOT will either double bottom around the $3.92 mark or bounce hard and test the $4.75 level. What a great day today would be for assay news from Hole #18, this would be the perfect setup for it. The chart on NOT appears to be in the oversold territory so my bet is we see a good bounce to the upside in the share price today.

BMK is a horse with a different colour. This stock has been taken out behind the woodshed and given the proverbial spanking. Currently those wanting into this stock can get in very close to the grease job  price that the big boys got in the last PP. It wouldn't suprise me if those that got in at the $.40 flow through price on the last PP didn't short this stock down to this level with the thought of covering with the PP shares. Nice way to lock in profits for those big boys.

I remember telling people way back when the PP was first reported that this would come back and haunt them. The reply I got then was I didn't have a clue what I was talking about. People were saying just having those big players on board would show investors how wonderful this stock was.  Guess what? Those deep pocketed big boys didn't care about the small guy investor way back then and they most certainly don't now. I trade this stock and do daytrades on it, but I will never own it overnight. My thoughts here are if management didn't care about me then, why would they now.

FNC and FWR appear to be the two stocks in McFaulds Lake that have held up the best. Look at an old EM survey map, take look at the anomolies, and it won't take you long to figure out why investors like these stocks. These two stocks are the ones I personally like the best going forward. They offer the best risk/reward potential for my money. Others think differently, and they may be proven to be right, going forward. I will say this once again, it is only my opinion. If I had to narrow it down to which is the one stock I would own in McFaulds Lake with the greatest potential, I would pick FNC hands down.

Best of luck today to all investors in the McFaulds Lake stocks.

Al