Drip, drip the share prices of the McFaulds Lake stocks are doing the slow bleed, day after day as the news vacuum continues. I was reading through the posts on the McFaulds Lake stocks this morning and the one thing that struck me was how investors in these stocks are a hearty breed. Most have no intention of taking profits, or selling in a panic as the stocks share prices slowly drift lower. Makes me believe when and if good news comes our way the rebound in share price will be dramatic.

One item of interest was how some investors think NOT is being manipulated, notably by House #7. What investors have to keep in mind is TD is the Market Maker for NOT, so their job is to keep a steady flow of shares on the bid and ask for investors. The sell downs at the end of the day is more from a lack of buyers than any sort of manipulation. Yesterday NOT went down in share price simply because there were more sellers than buyers. I think TD did a wonderful job of keeping the share price propped up throughout the day as a few weak hands sold off their shares. I look at these end of day small sell-offs as a positive thing as long as they pop the stock back up the next day. Lets be honest with ourselves, NOT is a promo machine, Nemis did a remarkable job of selling this stock to the public, as evidenced by the $7.05, 52 week high.

The problem for NOT, is investors have caught onto the promo game, no longer will hype keep the share price propped up. Currently investors what facts and figures to support the share price. This is where NOT and Nemis are having troubles right now, the Xmas season meant down time for the drills, so assays become scarce, news is lacking, and investors look for the hot story of the day. Hence the share price sell-off.

However, its my belief, this news vacuum, is about to end. With 4 drills going flat out soon, there should be an abundance of news from the assay front in Feb/Mar. I'm not sure when we should expect the next set of assays from the lab, but my best bet is it will soon.

I had personally decided to take a 2/3rds position in NOT and then load up the last 1/3 rd on share price weakness or strength. I have changed my mind after seeing how strong NOT has been in the current market meltdown. My last 1/3rd will be bought at some point this week. I have no intention of being late for the Norant party that I believe is very near for the faithful in this stock.

Just imagine how the share price will react if news that NOT hits from their next drilled anomoly !!!

Al