Welcome to the McFaulds Lake HUB on AGORACOM

Discuss the various junior resource companies within the McFaulds Lake Area

Free
Message: End of the day McFaulds held up decent considering US meltdown again

A new day, same old problem, the US sub prime contagion continues to haunt world indices. Then the media plays into the hands of Wall St's agenda on any given day. Some very respected chartists I have followed seem to think the DOW may see upside to around 12,500 before the big dip to test previous Jan lows hit.  Being in some cash in case we do test Jan lows might be a move with some merit. JMHO

I noticed NOT didn't get the closing of its PP on the news wires yesterday, at times these things take a little longer than companies would like to see.  Very interested to see who got into the PP and see if those that did, defend the share price. There is just so many things on NOT's plate right now. They have assays pending from Double Eagle, Rhodium news/assays pending and visuals from #2 anomoly that could come at any given moment. Any one of these things could move, not only NOT's share price,  but the area plays as well.

By the looks of things in McFaulds Lake, unless we get a news release from NOT , expect some sideways moves in the stocks share prices with a downward bias.

Best of luck to all McFaulds Lake investors.

Al

Share
New Message
Please login to post a reply