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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Thursday morning thoughts

Nov 14, 2007 06:36AM
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pw
Nov 14, 2007 09:16AM
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HSS
Nov 14, 2007 11:24PM
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Nov 15, 2007 03:51AM

Nov 15, 2007 04:55AM

Morning, I'm in just about exactly the same way you are and like you can't stop checking the market regularly as well as this forum. Al can day trade because he is right on top of the market. That's difficult to impossible for most of us. Yeah if we have a ton of shares then moving out and back in is just barely possible and some spare change picked up but it's easy to get burned.

Noront is the key player when it comes to news, at least for the moment as they have two drills turning AND everyone knows they have a rich deposit they are defining.

Unfortunately it takes time to get cores out, inspected, bagged and delivered to lab in Vancouver. Then wait for assay results, redo them if very rich and analyse what it means then report it to all of us.

My guess is maybe some drill results yet this month from Noront and results of aerial survey early next month (wish it was this months but that's probably unrealistic). This kind of news should bring back interest into the 'plays' and move share prices higher with volume of trading.

Of course any other player that comes up with exciting news will boost everybody. It seems to take a week for news to be digested, first a dip lower then bam it's up a lot.

It's going to be news every few weeks right through to April by which time we'll see all the area players higher and how much higher depends on who hits what or makes what kind of jv deal. A buyout by major player before spring seems highly unlikely. 


Nov 15, 2007 05:17AM
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