MJ I only have on thing to say to your post which is unsettling at best but honest in the markets volatility right now. I have seen this stock jump on NR and the market has plunged the other way. It has happened numerous times. If your thinking another Black Monday or Friday or whatever the day was in 1987 then yes we may be in for a swoon. If we're talking the market generally having a bad time I think we'll see that more with more established "overpriced" stocks. By overpriced I mean really "overvalued" by the shareholders.

I therefore would leave it up to the forum for input at this point. I personally feel NOT is full value and probably undervalued at this point in time...by how much I'm not sure. If we have a drop in price it won't be from the market..it will be from the scaremongers doing their thing again. I've seen this too, too many times. It's the frustrating part of trading today...too many people trying to take advantage of hard working investors trying to make a little for their retirement or vacation. The big "business" traders are playing us and the market will only have a substantial effect if it is actually a total meltdown.

This brings me to another point..this is Canadian company...with its discovery located in Canada. The world will effect the marketplace and to some extent NOT...I don't feel being a Canadian company can give it imunity to large scale market fluctuations. But I would also note on the days the market peaks NOT goes its own way (many times down), and on the days the market plummets NOT can be seen rising up out of the rubble.

In conclusion I will agree partly that NOT like "all" other stocks will be effected by a total meltdown. I don't however agree that NOT will be affected much be blue chip stocks getting hit where their SP is 5 to 10x over the value of the shares. We all have to keep our eyes open for major worldwide market fluctuations..but we also need to study the sector that is being affected and whether it will adversely affect us 5 to 8 years down the road when a mine starts producing here. This is speculative and spec stocks, in my past investing history..follow their own drummer. The only thing that affects them is "scared" investors. Fluctations in the stock price are also normal...so I wouldn't think a lower day tomorrow would be tandamont to proving market meltdown effect. Going down for a couple of days with an excellent news report is something I look more seriously at. That may be the scenerio we have to work with this week...so I guess we shall see..shan't we :)

My only question MJ is ... if we're looking at a large dip in price as you seem to be alluding to... why would you buy in if we're also heading into a "Bear Market" as your posted article is predicting?? We should all get out of this stock now and any others we hold dear because "everything" will melt down then. But then again, maybe I missed something.

Good luck to all the Long NOT shareholders of which I am one. This is a great company. As MJ says, if you get a chance to buy in on a dip this week then jump in fast.