Good morning. The worlds major indices have slipped into negative territory to finish the week. There are no leading economic indicators today in the US so we are at the mercy of the media. Yesterday the US indices sold off in the afternoon when a regional manufacturing report came in weaker than expected. It's impossible to know which direction the economy in the US is headed, it seems the leading economic indicators are suspect at best. No clear direction thats for sure. It seems as investors we are at the mercy on  how Wall St spins their web to the media.

Back in McFaulds Lake we had assays from BMK yesterday. Obviously investors weren't impressed as the stock sold off over 15% on high volume. I don't think this was that big of suprise to those that follow this stock closely. It's hard to have a stock searching for a needle in the haystack and expect a hit right off the get go. With the huge land position of BMK, I'm sure we shall see more from this stock in the days to come. Down but not out.

The rest of the area plays in McFaulds had non interest days, slightly down but low volume. Nothing to worry about for those holding these various area plays. One thing that will ring true in the days to come is each individual area play stock will have to stand on its own merit once the drill bit, pulls core from their individual properties. The days of de-coupling with NOT are getting closer as the days pass.

NOT had another day stuck in a tight range as investors await some guidance from the drill programs on some of these other anomolies. I would imagine if we get no word from visuals, next week, we will see some slippage in stock price as investors will worry, no news is bad news. The theory that good news arrives on a jet airplane and bad news is carried by a turtle, will ring true starting next week, plain and simple.

Personally I believe we are at the crossroads with NOT. Bad news from drilling on one of the anomolies and NOT will get a severe haircut, possibly test recent lows. Good news and we get a test of 52 week highs. This is casino time, lay your money down and take your chances. High risk, but high reward.

Best of luck to all McFaulds Lake investors.

Al