Looking at the world indices overseas and we open the week under a sea of red. The world indices are in a free fall as they are reacting to Fridays close in the North American indices. On tap for today, we get economic numbers in the US for construction spending and the ISM Index both at 10 am. The ISM Index gives us some key numbers looking at the health of the US manufactuting sector. This is a big week for economic numbers to gauge the health of the US economy. At 11:30 today a meeting of the Board of Governors of the US Fed meet under expedited procedures, meaning a suprise rate cut is possible today. It looks like the markets could be in for a rough ride. Personally I think we see a bounce on the DOW around the 12k mark and the bull market resumes, of course I am often wrong. LOL

Back in OUR world, McFaulds Lake, it just doesn't get much better than it is currently. If you haven't heard a good rumour by 10 am, start one. New 52 week highs on NOT and FNC on Friday have certainly caught investors attention. What we need today is a release of visuals from DE3 to get this market pumped up to froth levels. With PDAC underway we just might see something from NOT today to get the markets attention. I'm not sure what is going on with FNC, but obviously there must be some action from the drilling front near FNC's property. The market doesn't drive up the share price to new 52 week highs on rumours, there must be some fact here. I expect to hear something about NOT/FNC doing something jointly here on their properties, this share price run certainly has all the signs. Talked to a few investors that were at PDAC and they say nothing there, the closed lip policy was strictly enforced.

PRB should start seeing some speculative fever shortly also. It is my understanding their much anticipated drilling program in McFaulds Lake starts this week. A hit from these guys would go along way to waking up some of the lesser played area play stocks.

FNC, has anyone been able to confirm a date for drilling from Peter Smith? Or, if a drill rig has even been secured? The lack of news from this company is awful but there is no denying this is most likely the most sought after property in McFaulds Lake. I still think this stock has the most potential of all the stocks in McFaulds Lake. A hit on this property tells me 100% sure this is a world class discovery we are looking at.

Buckle your seatbelts there will be many twists and turns in the share prices of the various stocks in McFaulds in the coming days. Exciting times for all investors involved with these stocks. Bset of luck to all who have stuck with these stocks and kept the faith.

Al