Senior Market Indexes
in response to
by
posted on
Feb 29, 2008 01:40AM
Discuss the various junior resource companies within the McFaulds Lake Area
Took a beating in Asia and not looking good in Europe this morning. Nickel, Copper and Precious Metal futures are up but then look at the drop in value of US Dollar and see why.
So far this time the correction in senior market indexes doesn't seem to be affecting McFauld Lake players but it did before so some caution is appropriate.
Both Noront and FNC look to make new yearly highs today and that's on much lower trading volume than we saw when all this started last year. Noront and FNC shareholders are once again holding out for higher prices and buyers seem reluctant to pay. We need some heavy trading to move sharply higher.
Either Noront or BMK could have some visuals on new cores, today unlikely but next week isn't so shorts must be terrified.