Best way to sum up yesterday.... "the blood bath continues". The worlds major indices continued their sell off as investors scrambled to get out of equities. Somewhere over the years I have heard when you can look them square in the eyes and see the fear, press the buy button. When the last retail investor pukes his shares in total panic the bottom will be in. I have this feeling we got close to that level yesterday.

The McFaulds Lake stocks have actually held their own during this weeks sell down. I'm not sure if the absolute bottom is in yet, but my bet is, it is near, in the short term at least.

The McFaulds Lake stocks are in need of some news, either from the assay front or from talk of some major wanting a piece of one or more of these stocks. Best hope from the assay front is BMK or NOT, the two stocks that actually have core samples in the assay labs. A hit from either of them could breathe new life into the entire area again. Best hope from the major taking a piece front is with NOT, who supposedly has been in talks with a variety of majors this week. Some news from this front is badly needed.

Yesterday, I grabbed my final buy of NOT in anticipation of the next run up in share price. My bet a bottom is in or real damn close. Next up is some shares of BMK, just in case those rumours of a big hit are true.

Buckle up, McFaulds Lake is getting real close to show time!!!

Al