After that update yesterday, I am not sure if it is a good or a bad thing that there were no trades. Mostly because I thought we would tank, but we didn't. Very surprising but I guess it means that: 1) we are pretty tightly held and; 2) all the shareholders really believe in the potential of the FNC plays. I do.

Yesterdays release was just an update, not news. I think this is a routine occurance for the company, like a management dialogue attached to a quarterly reporting, just the current operational info. It did say that more was expected from McFaulds and I think MaCloud wrote that there might be a combo of 2 on the ROF play, so Rago1 could have it right. Not sure about Friday of a long weekend, but we do know Peter does his own thing.

On the other hand, no ROF company has released anything positive on analysis or exploration results in a long while. It seems like a common strategy to remain silent on these matters and wait, possibly for a government commitment. If it was not for KWG on railway and Probe on its Borden Lake play we would have nothing coming out of the ROF.

So like many I am frustrated but believe enough in FNC plays and that is why none of my shares left me today. Also, because of the overall ROF situation I am too tapped to buy.