Monday morning thoughts
in response to
by
posted on
Jan 28, 2008 01:50AM
Discuss the various junior resource companies within the McFaulds Lake Area
Here we go again, the worlds equity markets are under pressure and commodities are selling off, as the world awaits further direction, from the US Fed this week. It appears the futures traders are holding the Fed at ransom, to get their way. This is causing some whipsaws in the world markets, making it a roller coaster ride for investors all over the world. It looks like the markets will be under pressure until the Fed speaks Wednesday afternoon.
Back to our world, McFaulds Lake and the basket of stocks that make up many of our portfolios.
If we can get some much needed news from NOT we may buck the trend from the sell offs that will plague many stocks on the exchanges. Expected news from NOT could from assays currently in the lab, or from the breaking story of Rhodium being in the core samples. Lastly but probably the most important, we could visuals from the new anomoly that NOT is drilling. With all these things on the table, I doubt a sell off in NOT would be to severe, unless of course they would disappoint on any of the above expected news. Somehow, I doubt that will happen, everything points to some very good news on the horizon.
From BMK we should be seeing the much anticipated assays results any day now. From FNC we should be getting drill date news, however this could be a couple weeks away. PRB also may be close to announcing a date to drill.
The big problem for some of these stocks is they need a camp to house their drilling people. I don't know for certain but I have heard NOT has offered some of these companies to use their camp from which these various companies can operate from. Next time someone phones Nemis they may want to ask him about this.
It appears we are in for some exciting times in the next few months from the McFaulds Lake stocks. Good luck to everyone.
Al