Written by Al Collard o Thursday morning:

"Good morning. World indices a sea of red for the most part on concerns of further fiancial turmoil in the US. This time Lehman Brothers taking a $1 billion writedown as it liquidates 3 investments funds. Futures in the US pointing to a down open. On the economic calendar the intial job claims in the US will be reported at 8:30 am, this could be a market mover and turn the futures around. With the S&P at 1354, a test of support at the 1328 level, may be on deck, before we see a bounce in the US indices. Of course some good news on the economic calendar and all bets are off.

Back in McFaulds Lake it was another dreary day for the various area plays with NOT included. McFaulds Lake stocks need news from the assay lab, from NOT, to get investors attention again. The delays from the lab on assays from NOT are really taking there toll on NOT's share price. It appears NOT is destined to fill the gap on its chart down to the $5.04 level where it should find support. Once again the low volume on NOT, tells me there is nothing fundamentally wrong with NOT on this sell-off, just investors becoming bored and bailing on the lack of news from the assay front. This might be a good chance to add to your postion in NOT for the faithful.

FNC, it appears investors are slowly bailing from this stock as they tire of waiting for Peter Smith to announce his much anticipated drill program. First it was end of Feb, then end of March, last I heard it was supposed to be end of April. Well the end of April is fast approaching and still no news that a drill rig has been hired. Makes you wonder if Smith is serious about drilling this property. Anyone that would like to take the time to phone Smith and find out just what his plans are his phone # is 514-481-3172. Without a doubt FNC sits on the most sought after property in McFaulds Lake yet the company does nothing. I currently own no shares of FNC and won't until I hear a definate date for drilling.

SPQ released visuals on Tuesday that sounded very NOT like in description, yet the stock hardly moved. Tells me its show time in McFaulds Lake, investors want to see actual assays, visuals no longer move the individual stocks. Two months ago SPQ would of done a double on that kind of news. Just shows you when stocks get out of favour with investors it takes more than words to bring them back.

PRB is the one stock in McFaulds that has been bucking the down trend lately. It has shown some strength, allbeit on low volume. Other than FNC this is the one stock that has a property that could make PRB a monster with a hit on the drill front. Definately a stock to keep your eye on when it starts to drill in McFaulds.

BMK is doing the slow drip after releasing poor assays. There just doesn't appear to be any reason to own this stock. Until further assays are announced, this stock is dead in the water. For those with a longer term view it may be near bottom and a good accumulation point. Remember the share price is now cheaper than the price the mining bigwigs got in for on the PP grease job back in Oct 2007, so the downside risk should be minimal at this share price level. JMHO

Best of luck to all McFaulds Lake investors and a warm welcome to any visitors from the Agoracom board. For those that take the time to look around, you will find a wealth of information on this site. If you have any questions on how the site works, don't be afraid to ask. Always someone willing to help out on TradingChief. This site is very investor friendly.