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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Wed morning thoughts

Another day of slow bleed is behind us. We are getting to the share price levels where investors should soon be realizing some of these stocks are bargains. Still waiting for Nemis's call that investors would have a very  merry Xmas owning shares in NOT. Perhaps he has some good news for the faithful.

BMK, boy this has got ugly. Looks like the big boys have shorted this stock down hard and will cover with their cheap PP shares. A no risk strategy that has just decimated the holdings of the small investor. Shame on management of BMK for letting this happen. 

NOT is just suffering from lack of news. Investors had high hopes that assays from Hole #18 would be the spark to right the ship. I honestly think a good set of assays and investors will be all over this stock again. NOT must hold the $3.90 level today or we have some severe pain coming to the share price. A bounce around $3.92 would put in a double bottom and it could be a bullish signal IF it holds.

FNC was experiencing some share price pressure yesterday. Once again here, investors want news. Peter Smith had promised investors news from the EM front mid Dec. Now its time to deliver. I picked up some shares yesterday, time will be the judge if I was too early.

 

Good luck to all investors in the McFaulds Lake plays.

Al

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