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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Re: Al, and others... BMK or FNC entry point? Opinions?

Hi sneezer,

Trying to pick an absolute bottom to buy into any of the McFaulds Lake stocks is a mugs game. We as investors are at the mercy of the drill bits and the assay results. Toss in the various investment houses and the games they play, how could anyone know the exact time to buy?

Here would be my plan if I wanted to buy a certain stock in McFaulds Lake. Today buy a 1/3 of the stock you want to buy, then next week buy another 1/3, wait to buy your last 1/3 of the stock on a down spike or a breakout to the upside. At least you will get some sort of average in your share price.

In the current market environment, maybe the best decision is to stay in cash. JMHO

Al


Jan 08, 2008 02:01AM
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