Private equity is beginning to look for candy to steal. That is good.

CNBC pundits now realize that US growth requires US commodity consumption growth and are being constantly reminded that having beat the drum for two years about commodity inflation, they now have to rationalize the "Big Lie" that you cannot have 3% growth in the US with downward commodity consumption.That is good.

The market is sneaky, it moves months ahead of the visible economy.That is not good, but it looks like we are seeing the early stages of resurgent resources.

US has to proclaim victory on the "Credit Crunch" in the next two months to have a hope of McCain as Pres. Whatever the concoction of spin and policy, it will be good for hard assets.That is good for NOT even if it prolongs the problem for the US taxpayer.

China is aggressively looking for friendly secure resources. That is good. (Don't be surprised if NOT has at least one consultant working in this arena). The Canadian government has a wonderful program to supply greeters and interpreters.

The price is bottoming with a pick up in volume. That is wonderful and would look even better were NOT marginable.

So, if NOT goes on the main board soon, with a resurgent fall market, and the financial crisis beginning to approach its endgame, many positive forces will come together at the same time, and that is shaping up to be fairly soon.

Our drilling rate tells you RN is not worried about the burn rate.He knows his options.

Enjoy the weekend.