Thursday morning thoughts
posted on
Feb 14, 2008 02:08AM
Discuss the various junior resource companies within the McFaulds Lake Area
It was nice to see the bullish indice moves yesterday. After suffering through a dismal Jan perhaps an end is in sight for the slide in the markets created by the subprime meltdown. A note of caution we have options expiry on Friday so the markets aren't out of the woods yet. In fact this could be a bull trap, so we may need to see a few more days of stability before declaring the US recession over. LOL In fact a period of instability is probable, those retail sales numbers that came out of the US yesterday, looked suspect at best to me.
All those rumours coming out of McFaulds Lake seemed to catch investors attention yesterday afternoon. NOT, BMK, FNC, FWR and PRB all caught a spark and most finished at highs for the day, which should bode well for today's open. The rumours coming out of NOT's drill camp sure dried up in a hurry. Actually its good to see everything back to hush, hush, before the rumours get out of hand. If NOT's share price takes off today on no news I would expect a quick halt would be probable. On the next halt from NOT, if/when it happens, expect some dramatic share price volalitily from FNC and PRB.
Getting off the topic of rumours and into some facts lets review what possibilities of news that could come from NOT at any time.
1) news from the Rhodium assays
2) news from the assays from Hole #22 to #26 with #28
3) visuals from anomoly #2
Any one of the above possibilities could move the share price of NOT and proximity area plays. It's hard to imagine a more exciting stock/stocks to be a shareholder in. On any given day investors could/should expect a halt from NOT to release some of the above news. In fact even with Nemis on vacation, a news release today would not suprise me.
McFaulds Lake is back in play !!!
Al...Happy Valentines Day !!!
PS..not sure what happened for the 1/2 post earlier. Sorry about that. If I could delete it, I would. I can't delete my own posts, perhaps someone else could/can for me.