The way I see it, the Venture is gonna finish it's downturn this week. I've been thinking to myself that it would probably pull back for 4 weeks, and/or to the 2750 range. Personally, the faster it gets there, the better 'cuz in my own opinion, it's gonna reverse just as quickly and bring happiness back to this crowd when it does.

Secondly, let's not forget that there are those people who predicted seeing 3.50 again, well, that irritates me because now they will wear that as a badge of credibility the next time they bash. And, of course, then these same folks will be buyers again and so begins the cycle again of bragging and fear-mongering. Tune it out, is what I've resolved.

I think, even without tonnage, all these joint ventures not proximal to the discovery should be a wake-up call to everyone who fears that this Ring of Fire is limited. Although I would be suspect of some Johnny-come-lately trying to cash in on the area by staking new claims, I am fearless when it comes to the leadership of RN. If he thinks it's a good idea, I'm in agreement by default.

One last thing in my early morning thoughts...when this downward slide is finally over with NOT, we'll have a more sedate chart, with a steady upward climb. Let's face it, it's easier to manipulate a stock when it's gone ballistic then if it's just a beautiful, ascending staircase. That being said, I think there will be gap-ups in our very bright future.

GLTAL