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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Market seems to have run out of steam today

Market seems to have run out of steam today

posted on Jan 03, 2008 09:28AM

Looks like sideways or drifting lower on much lighter trading.

Noront's news release looked to lift the McFauld lake players but can only assume the results where exactly as expected and therefor couldn't hold onto the gains on opening.

Only thing that seems likely to propel everyone up is either someone finding another nickle deposit (could be Noront) or Noront firming up enough tonnage and grade from their DE deposit.

It would have been nice to see BMK release at least visual detail on their cores being assayed. This some believe is the reason for recent run up of BMK.

Maybe the market will blossom next week but hard to see anything but drifting until rumours of more results etc. come out and that looks like end of January. Hope I'm wrong.

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