Good morning. On the overseas markets all the major indices are green this morning and the futures in the US are pointing to a positive opening. There is not much on the economic calendar other than the Consumer Credit numbers at 3 pm today, not a real market mover. The DOW is approaching 12,800 a major resisitance point. A break atop this key number and the market will have a full head of steam. The Canadian markets should do well as the price of commodities are very bullish currently.

Back in McFaulds Lake, I think we should be very close to the bottom as of last week. There is just too much going on in McFaulds for the group of stocks to stay stalled much longer. FWR/SPQ/ KWG should be announcing news from their drill program shortly. A hit on this drill program and all McFaulds Lake stocks go ballistic, a miss and this trio will be dead money until they can prove otherwise from the assay labs. I expect news this week, so the share prices of this trio should rise in anticipation.

NOT should be very close to assay results also. Hard to imagine what is holding up the labs, the delay time is getting ridiculous. One thing that is hurting NOT's share price is the delay in the 43-101. Originally this report was scheduled for some time near the end of Feb., we are now nearing the mid point of April and still nothing, in fact we hear reports of further delays. The market doesn't like missed timelines, could be one reason for the weak share price. A big warning to investors, the 7 million tonne mark seems to be the resource amount investors are looking for as a minimum on the Double Eagle discovery. Anything less and NOT's share price will take a huge hit, on the bright side a bigger estimate and the share price will go up.

So there we have it, the two market movers we should be looking for this week to get McFaulds Lake stocks, back on investors must own list. There is of course any number of other scenarios to give the share prices a boost. It appears there is no talk on the rhodium front anymore. Is there anyone who knows if there are core samples in the lab still looking for rhodium from earlier core samples?

An announcement of drilling timelines would/will do wonders for PRB and FNC's share prices. New 52 week highs are expected from FNC once a drill bit hits the property. This has to be one of the most anticipated drilling programs in the market currently. It is a market maker for not only FNC but the entire basket of McFaulds Lake stocks. A hit by FNC and the chances McFaulds Lake becomes a major mining camp is a sure thing. JMHO

Best of luck to all McFaulds investors.

Al