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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: snug... o.t.

Down Day

posted on Dec 18, 2007 08:01AM

This appears to be another "D" day - as in Down-day. I must admit this has been a not so good experience with the high in mid-October - we have come a long way back from our highs. I note that many of the McFaulds area plays are down today. I guess it is simply a matter of now news or whatever to build momentum. Even with the release of the news that we are talking about - I hate to be pessimistic but it just seems to me that it will lead to further falls not any new swing. It is the same ol' "buy on the rumour and sell on the news".

My take is we are not going to get anything substantial until at least March........ means it is time for patience - and lots of it. We all know there is darkness before dawn - this is it for sure. If I had more dry gunpowder I'd be firing right now - in other words this is a great time to buy. We are now at the prices before the big surge in October.

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