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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Looking like cautious buying today

Looking like cautious buying today

posted on Mar 04, 2008 05:27AM

Across the board with the McFauld Lake players there seems to be a reluctance from bidders to support any upward movement. Volume of trading looks low for first hour of trading and appears to be limited shares available from sellers who must be holding on for next run on news in March.

Major moves do seem to be always based on news from Noront and to lesser extent from other players. Pull back seems pretty much over but now it's sideways until investors get a handle on potential of this mining exploration area. News from conference and show in Toronto could assist forming a solid bottom or base for futher gains.

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