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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: choices

choices

posted on Feb 21, 2009 06:30AM

Well most all stocks in the ROF seem to be down at the moment and it appears to be a good buying opportunity(never seem to have dry powder when you want it) but which stock to choose is the question. The largest NOT, seems to be going through growing pains with a new BOD and a stock that seems to be beaten down in order for acculamation. It appears that the net sellers are retail and the buyers are instutations, which I consider a good sign for stock price ,maybe not the short term but for long term stock price.However you never know when the powers that be or the market in general sends this stock to higher levels and you will not want to be sitting on the sidelines.With it's large land holdings tech.team and jv doing alot of thier drilling talk of a move to the tsx -there appears to be various reasons for this stock to more higher, but when is anybodys guess. My own personal fravorite is FWR but unlike most players in the ROF the stock price has held up and it appears to had done so for a reason -great assays on 100% owned claims and what appears to be a world class deposit and jv that are discovering the same.The geo maps of the area indicate great potential of future discoveries and I recommend all investers to the area check the maps before investing.(also check out the great work by helium who created undergroundmaps of the area using drill data, a truely impressive piece of work by one of our more respected posters).AS for FWR I will not sell and will buy more as money allows.however with other stocks in the area with fire sale prices they may offer more bang for the buck. SPQ is one with huge land holdings and numerous jv as well as the former hero of NOT RN, and at .04cents it has to be considered a bargin. Kwg has (I belive) less land in the ROF then SPQ who they have partnerned with but it is also spinning of it's diamond properties and has any intersting agreement with ADK who have thier cards system which has proven reliable at finding discoveries and is helping them decide where to stake new claims. With thier shares even cheaper then SPQ it to has to be considered a bargain. FNC has done little to advance thier property however the geo maps look impessive to my laymans eye, and with a low outstanding shares if they ever do decide to drill and hit it could take off hudge but I will not be buying till I see they are going to get to work and start drilling. PRB also has low number of shares and close land holdings and the stock price was really punished(me along with it) however at these levels I feel comfortabe adding more at these levels. Awaiting word on possible new properties from CEO who stated that some of thier cash he may go shopping for bargains with. At the moment they have more cash then market cap -which a investor got to love. Stiil I look forward to them getting busy drilling and if I was to do the shopping I will be buying drills. The above companies are the ones I own but thier is lots to choose from, do your own DD. AS to which one will move first is anyones guess so I try to cover as many bases as possible as opposed to bet to huge on any one(I made that mistake with PRB thinking they were going to get great lab results which didn't happen) One more thing -the geo maps look good but they don't show PGE which will send any stock throght the roof. GLTA

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