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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Re: Have to just wait
1
Jan 10, 2008 07:38AM

Jan 10, 2008 08:15AM
1
Jan 10, 2008 10:02AM

"From the look of it the Market just doesn't think Noront has the goods

Not so sure I agree with that Poly. Yesterday I watched as the two Houses that put the soft sell on NOT, Canaccord and Sprott accumulating. Yes they were both net buyers of NOT, why would they be buying if they believe the stock has no promise. It sure seemed Sprott stepped up the the plate as they picked up 50k shares at an average price of $3.62, and they didn't sell a single share. What I see is retail slowly puking up their shares as the funds are accumulating NOT at these prices.

The market appears headed for another blood bath today as rumours of Merrill Lynch having worse than expected losses due to subprime related losses. So get ready, we may take another hit today in McFaulds Lake share prices.

Wouldn't it be nice to get a suprise from BMK on the assay front? Perhaps even an update from NOT on their upcoming assays. Is Nemis out of bullets here?

Al

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