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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Al is Right.......Show Me

Al is Right.......Show Me

posted on Apr 02, 2008 05:53AM

I spoke to Brent at BMK, he said McFaulds has become a 'Show Me' market situation. Volume has dried up, Noront puts out an update with no assays and the market reacts with no buyers. This is a stand-off with the assay labs again holding all the ammo. The volume on BMK has become laughable compared to the 30 million share days. Dick basically said he needs his SP to be $6.00 or more before April 10 or the PP folks will pass on the warrants. Thats a lotta money hanging in mid-air. This is so different from the Voisey's Bay days when investors were throwing money at anything located in Labrador. This market wants to touch the 5% nickle before investing. Very interesting.

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