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If you’re frustrated that you didn’t get in near the bottom, under 10 cents, on Gold Bullion Development, we have some good news for you.

Kent Exploration (KEX, TSX-V) has a current market cap almost identical to that of Gold Bullion when we first brought GBB to everyone’s attention last December  ($5.6 million for Gold Bullion at that time, $7 million now for Kent).

The market has not yet fallen in love with Kent but it will very shortly – we are certain of that –  so now is the time to accumulate a strong position in this stock while it’s still below its 52-week high of 24.5 cents.

Kent is one of the best-managed junior exploration companies we’ve ever come across.  It has not one, not two, but three flagship properties. It is run by Graeme O’Neill, a native New Zealander who moved to British Columbia about 40 years ago.  Over the past year in particular O’Neill has assembled a superb geological team and a strong “inside” team as well to move this company forward.

Late Friday Kent announced drilling is now underway at its Gnaweeda Gold Project in Western Australia.  This joint venture with Teck covers a 28 kilometre strike length of highly prospective rocks in the Archean-age Gnaweeda Greenstone Belt, and overlies small historic gold workings and several gold prospects discovered by Newcrest Mining in the 1990’s.

“Dr. Gerry Ray, who did our 43-101, is really excited about this project,” O’Neill told us in a recent interview.  “He looks at a lot of projects and he thinks this one is one of the cream of the crop…Kirkland Lake-style.  He says you find one deposit, they’re like bells on a string.  There’s always more.  Typically you get two or three within a 10-15 kilometre strike.”

Kent has proposed a spin-off of the Gnaweeda Project into a new company, Archean Star Resources, which would give existing Kent shareholders one share in Archean Star for every four shares of Kent.  The joint venture with Teck speaks volumes about what Kent brings to the table.

“Teck is such a storied company and they don’t go into anything lightly with anyone,” said O’Neill.  “They were impressed with our technical team and I think that’s what actually tipped them to coming alongside us and working with us.  We had to beat out some other companies and we were fortunate to be able to strike a deal.”

We are also very intrigued with Kent’s Alexander River Property in New Zealand which, like Gold Bullion’s Granada Property, is a former producer.  Alexander River has a non-compliant historical resource of 640,000 ounces of gold which we believe Kent could very conceivably turn into a NI-43-101 of over one million ounces in all categories.  Drilling is expected to start soon at Alexander River which rests just 20 kilometres south of OceanaGold’s (OGC, TSX) Globe Progress Mine.

Kent’s third flagship property is the Flagstaff Barite Deposit in eastern Washington State.  To the best of our knowledge Kent is only publicly traded company in North America with a production-ready high grade barite deposit.  We expect a lot of news regarding this over the next few months, and the potential annual cash flow to Kent is in excess of $1 million.

With a current market cap of just $7 million, Kent offers serious upside potential – identical to that of Gold Bullion Development and Seafield Resources when they were both trading under 10 cents.   The time to be positioned in Kent is clearly now.  The share structure is tight and O’Neill is extremely careful about dilution.  There’s no “overhang” here – no cheap stock that will hit the market.  And the fact a lot of investors won’t want to sell their Kent shares in order to get a piece of the action in Archean Star, the potential here for a  massive move in Kent driven by a short supply of  paper is very real.  A classic demand-supply dynamic, we believe, is coming into play here.

After months of seemingly endless delays, Seafield Resources finally announced (in the last half hour of trading Friday) what we’ve all been waiting for – closing of its Colombian property deals with privately-held Caribbean Copper and Gold Corporation (CCGC).

Like with Gold Bullion, BullMarketRun was first on the scene with Seafield and initiated coverage last summer when SFF was trading at a mere 6 cents.  The gain since then has been a whopping 375%.

The news release was short on certain specifics, which leads us to believe Seafield has a strategy in mind in terms of the PR aspects of this.  The accumulation in this stock over the past number of months has been nothing short of incredible with the likes of M Partners, CIBC, Octagon and others gobbling up huge chunks of paper.

We have stated this before with Seafield and it bears repeating:  There are some big “power boys” behind this play including, we suspect, Scott Paterson, the former Chairman and CEO of Yorkton Securities whose brother James was appointed as a Seafield director last November.

Ian Park of CCGC has some serious clout as well.

We have every reason to believe Seafield is headed MUCH higher.  We don”t give price targets at BMR but after all this accumulation over the last seven months in particular (and more on the way), it doesn’t take a rocket scientist to figure out that something very big is about to happen here.

The large Marmato Mountain Deposit currently being explored and developed by Medoro Resources (MRS, TSX-V) is less than 8 kilometres northeast of one of Seafield’s properties.  Medoro has an appetite for other companies in the area, so the possibility of a Medoro takeover of Seafield down the road cannot be ruled out depending on how successful (and lucky) Seafield gets in its exploration.

Seafield closed Friday at a very attractive 28.5 cents and has one of the best-looking stock charts you’ll ever see. Expect a gap-up on Monday.

It was a wild day for the BullMarketRun portfolio with breaking developments during the trading day and rumors swirling this evening that an internationally acclaimed and recognized independent resource investment newsletter has issued a buy recommendation on Gold Bullion Development Corporation (GBB, TSX-V). We will be digging more into this over the weekend.

We will have expanded coverage at BullMarketRun.com this weekend with a series of articles, in addition to our popular Week In Review And A Look Ahead, which will be posted at 9 am Pacific time Sunday.  Yes, this will be a “Super Sunday” at BullMarketRun.com.

1.  Gold Bullion Development – New 52-week high today on massive volume of over 6 million shares.  This is the real thing, folks – a potentially major discovery by GBB along the infamous “Cadillac Trend” 40 miles to the west of Osisko’s (OSK, TSX) 10 million-plus ounce Canadian Malartic Deposit;

2.  Seafield Resources (SFF, TSX-V) – It has finally come!  Seafield has concluded its Colombian property deal with news issued just prior to the market close.  Expect fireworks on Monday;

3.  Kent Exploration (KEX, TSX-V) – News out today and we’ll explain why Kent is the next Gold Bullion.  Major breakout imminent with Kent;

4.  Richfield Resources (RVC, TSX-V) – Impressive move today to $1.70 with a major breakout imminent with this one as well;

5.  CDNX – The Perfect Storm now appears to be unfolding as we have predicted.  With gold now firmly in a new uptrend, the CDNX is showing signs and has the potential of going “parabolic” in the weeks ahead.

There are a lot of tools we use to examine a stock’s potential and where it’s likely headed.  In the case of Gold Bullion Development (GBB, TSX-V), we have been extremely successful with an intense fundamental analysis which has made it clear to us that this company is quite possibly sitting on a potentially huge bulk tonnage, open-pit deposit at the Granada Gold Property near Rouyn-Noranda, Quebec.

Technical analysis is crucial also.  The chart for Gold Bullion turned very bullish last December and the combination of super-strong fundamentals and a very bullish-looking chart led us to initiate coverage on GBB at 7 cents.

We also look at who’s buying and who’s selling, and this morning we have some numbers that unequivocally suggest to us that Gold Bullion Development is likely headed a lot higher.

Jordan Capital has an incredible appetite for this stock.  Since December 1, 2009, through yesterday, Jordan has bought 5,337,500 GBB shares plus another 150,000 or so in early trading today.  During that time they have sold only 588,000 shares for a net position of 4,749,500.  This week alone, they have picked up 1,329,000 shares (plus today’s 150,000) and have sold only 65,000.

Jordan is staying for the ride.  They did the financing on Gold Bullion at 7 cents in December, so one can assume they are sort of “in the know” on this thing.  They picked up large chunks of free trading stock as well in December at prices ranging from 7 to 9 cents, and they’ve essentially held on to every share.  That’s a huge clue this story has a long ways to go yet.

To the best our knowledge, and we’ve done some digging on this, Gold Bullion insiders have not sold a single share this week despite a huge price increase and eye-popping volume of nearly 20 million.   What that does that tell you?  They’re as convinced as we are that they’re sitting on a major discovery.

The three-year chart below for Gold Bullion shows how this stock has a history of moving very quickly.  Over a 14-day period during November and December, 2006, for example, GBB jumped from 14 cents to 39 cents.

The massive volume we’re seeing in this stock right now, however, unlike 2006,  is the type of thing that often occurs when a game-changing event takes place.  The news Gold Bullion put out Monday was a company changer.  Plain and simple.  It’s a whole new game now and there’s nothing but blue sky.

This is one of the most exciting situations we’ve ever come across in the junior resource market, especially since we identified it as such an early stage.  We suggest investors “follow the money” and take a cue from Jordan Capital.

Gold is strong this morning, up $7.00 to $1,139 as of 8:30 am Pacific time…the CDNX, after taking a breather yesterday, has resumed its advance and is up 8 points to 1,550…the action in Gold Bullion Development (GBB, TSX-V) continues to look very bullish and we wouldn’t be surprised to see it close strongly today to cap off an incredible week…the chart for this stock is absolutely incredible and the fact it has held up so well after Tuesday’s action suggests that more fireworks is probably just around the corner…GBB is currently unchanged at 19 cents…two other situations need to be watched closely…Kent Exploration (KEX, TSX-V) and Seafield Resources (SFF, TSX-V)…the fundamentals with Kent are simply too strong to keep this stock at such a low market cap for much longer…we believe it’s going to “bust out” hugely this month, or at any time, as the focus on its Gnaweeda and Alexander River properties intensifies…folks, Alexander River is another Granada…that’s why we’ve been pounding so hard about Kent this week…Alexander River could become the “company changing” property for Kent that Granada has become for Gold Bullion…Seafield has pulled back from the mid-30’s to the upper 20’s, an area we identified where traders and investors need to pile in again…

Gold is a little soft this morning but will find very strong support at $1,130…as of 6:50 am Pacific time it’s down $6.00 an ounce to $1,134…the CDNX is flat at 1,552 after just 20 minutes of trading…any weakness in Gold Bullion Development Corporation (GBB, TSX-V) should be viewed as a buying opportunity…the stock is off 1.5 cents to 18 cents in early trading this morning and on light volume of only 67,000 shares…looking at its chart, Gold Bullion may need to digest its recent huge gain and consolidate for a very short period prior to a fresh advance to the upside…this would be healthy from a technical perspective…it’s important to point out that insiders are not selling and it’s also encouraging to see that Jordan Capital, which did GBB’s December financing and also picked up a lot of shares in the open market between 7 and 9 cents, continues to buy…Jordan scooped up another 280,00 GBB shares yesterday and didn’t sell a single share…we are in the early stages of what we believe is a HUGE developing story with Gold Bullion and the next major discovery along the prolific “Cadillac Trend”…Seafield Resources (SFF, TSX-V) has backed off into the upper 20’s as we predicted and has also unwound its recent overbought condition…it’s time, therefore, to step back into Seafield for those who may have sold in the mid-30’s last week…Seafield closed yesterday at 26.5 cents and is down three trading days in a row…Kent Exploration (KEX, TSX-V) is ready for a significant move to the upside as we outlined in an alert yesterday and in an article earlier this morning…

We will have much more on Kent Exploration (KEX, TSX-V) in the coming days as we believe it is gearing up for a STELLAR month of March, driven by drill programs anticipated at two highly prospective properties – Gnaweeda in Australia, a joint venture with Teck, and Alexander River in New Zealand, a former producer that contains an historical non-compliant resource of 640,000 ounces of gold with potential for much more as we outlined in our report yesterday.  Make no mistake about it – these properties both have serious home-run potential for Kent which has assembled a first-rate geological team that has been hard at work since last summer laying the groundwork for successful drill programs.

From a technical perspective, Kent is signaling it’s ready for a big move.  The chart below says it all.  Kent got oversold in February and was held within a tight trading range between its 100 and 200-day moving averages.  That all changed yesterday when it broke through resistance and closed above its 50 and 100-day moving averages.    All of Kent’s moving averages are now in bullish alignment (the 50 actually reversed a couple of weeks ago, which was the first clue this stock was about to turnaround). We expect Kent will soon test upside resistance at its 52-week high of 24.5 cents, likely react back down toward 20 cents, and then stage a major breakout that could carry it significantly beyond its all-time high of 37.5 cents.

Kent is one of the best-managed junior exploration companies we have ever come across and is led by the very focused and determined Graeme O’Neill who has assembled a highly qualified team, both in-house and in the field.  Mark our words – the market is going to fall in love with this company in the not-too-distant future, so the time to be positioned in this stock is NOW.  Kent’s current market cap is a paltry$6.8 million.

Kent closed yesterday at 18.5 cents on just over 300,000 shares.  This is a tightly-held stock and since the company has refused to do any cheap financings, there are no “overhang” issues.  O’Neill is invested heavily in this company himself.

It seems we’re on a bit of a roll these days with precise calls on gold, the CDNX, Seafield Resources (SFF, TSX-V) and Gold Bullion Development Corporation (GBB, TSX-V)…the next one, we believe, is Kent Exploration (KEX, TSX-V) which we just issued an alert on this morning after reviewing its chart and looking at the fundamental factors that are expected to drive Kent significantly higher…gold has clearly broken out with a move past resistance yesterday at $1,130 and a reversal in its important 30-day moving average which was in decline for all of January and February…gold is up a further $7.00 to $1,141 as of 8:25 Pacific time this morning…the CDNX keeps going north as well and is ahead 6 points to 1,555…Gold Bullion Development is showing tremendous strength…it dipped slightly at the open this morning and then a wave of buying came in, pushing it to a new 52-week high of 22.5 cents…the stock is currently up 1.5 cents to 20.5 on a whopping 3.8 million shares…looking at the chart, it’s entirely possible that GBB could challenge its three-year high of 25 cents as early as today…Kent is so far unchanged on the day at 17 cents but the reversal in its 20-day moving average is very significant and points to imminent higher prices…we believe this is supported by fundamental factors as the company will soon be commencing drill programs at two properties, Gnaweeda in Australia and Alexander River in New Zealand…we’re also going on a hunch Kent has some good news to report soon…