A new week, same story the world indices are in turmoil. They appear to be like deer in headlights, with no clear direction as the worlds financial institutions sort out their sub prime messes. There most likely will be more pain coming for the banks and financial companies, so avoid this sector like the plague.

In McFaulds Lake, investor interest woke up last week as NOT announced a PP with the same big names attached to it as BMK announced months earlier. You have to believe this is why the stocks of McFaulds Lake went up last week. Now this week we will need a new story to keep investors interested.

Speaking of new stories we could have any number of possibilities from NOT this week. We could have visuals from #2 anomoly, we could have assay news from the holes pending #20 to #26, we could have news from the Rhodium front. Also of note we could have news of a new agreement with an assay lab. The one bit of news that would propel NOT and area plays to new highs would be news of a hit from #2 anomoly. I believe this is the news that would wake up McFaulds Lake and prove to the investment world this play is as big as many of us longer term investors believe.

From the rest of McFaulds Lake stocks we should be seeing assay news from BMK. The longer BMK takes to produce these assays the more I worry they will disappoint. Good news is usually released as early as companies can get it out to the public, while bad news is slow. We can only hope for the best, it would be good for all of McFaulds Lake stocks if they were good.

PRB and FNC should do the best if NOT releases any real good news. The proximity of these two stocks make them the best bets for my money. In fact with the short position against FNC any good news and this stock has a long way to run. I wait my time with this stock, I believe it will have its day, and it will be soon.

Best of luck to all McFaulds Lake investors.

Al