From Solomon:
McFauld’s Lake
We suggest keeping a very close eye on what’s happening at McFauld’s Lake. A number of companies are well into drill programs right now and recent market weakness has brought share prices down to very attractive levels. We mentioned recently that Noront (NOT, TSX-V) was pretty much a screaming buy when it dipped below $2.50. It closed today at $3.30.
Other companies we like are WSR Gold (WSR, TSX-V), which made a really nice move today to 75 cents (perhaps in anticipation of assays); Probe Mining (PRB, TSX-V), one of my personal favorites; Fancamp Exploration (FNC, TSX-V), and McDonald Mines (BMK, TSX-V). Our theory regarding the James Bay Lowlands is very simple: Eagle One has many “brothers” and “sisters” - thru persistence they will be located. A lot more money is going to be made with these plays. Keep a close eye on them.