Yesterday we finally had a bounce in our indices ending the free fall that has plagued us so far in Jan 2008. Although it was encouraging, we need some follow through before the danger signs can be lifted. Often when we see a bounce in the indices after a big correction we have a test of the bottom before we can resume an uptrend. Just be careful out there, remember to take profits when you get the chance. We are far from seeing the end to this correction. Bull markets need to climb the wall of worry to be healthy. I think this is just a blip in the commodity bull run.

The McFaulds Lake stocks finally found some relief yesterday and a welcome sign it was. Hopefully we have found the bottom in most of these stocks. We now need some news from these stocks to get investors attention again. The lack of news since the Xmas period has done nothing to keep McFaulds Lake on investors have to own lists. I have a feeling we will get some leadership from NOT on this front. I keep getting inboxes telling me to watch for Hole #27, seems there is a few leaks from this hole that says it's a biggie. Have no idea if its true. We should find out soon.

Good luck to all the McFaulds Lake investors. Remember to take profits.

Al