Well another bleak day for the McFaulds Lake stocks is behind us and we are one day closer to much needed news. Actually the group of McFaulds Lake stocks held up fairly well in yesterdays market meltdown. NOT suprised me as it held up well during the market sell off so I decided to take a 2/3rds position, around the $3.96 level. I will add the last 1/3 around the $3.50 mark or $4.50 which ever comes first.
The entire McFaulds Lake play needs some sort of spark to get investors interested in them again. The NOT and Nemis promo machine has fell asleep at the wheel, lots of talk but no follow through. Perhaps BMK can deliver some sort of suprise with the drill bit. FNC, my choice as the most likely to succeed in the area plays won't be drilling, to sometime near the end of Feb. so no relief from that front.
Let's hope for a suprise today from one of the McFaulds Lake stocks !!!
Al