Gold’s move is really starting to show some power to it as it blasted through resistance at $1,140 this morning…a move beyond $1,160 could really ignite this market…the CDNX is up 6 points to 1,642 as of 9:15 am Pacific time…gold enthusiasts have a lot to choose from in the BMR portfolio as all of our primary gold plays have an opportunity to advance very sharply, especially if gold itself surges past $1,160…of immediate note is Kent Exploration (KEX, TSX-V) which has just finished drilling its highly prospective Turnberry Prospect in western Australia…a company listed on the Australian Exchange has reported a bonzanza grade gold discovery just 8 miles from Turnberry…Doray Minerals has more than tripled in value…we reported on Turnberry in detail just recently and the opportunity of Kent delivering excellent results from there is very real…assays from the five holes drilled at Turnberry are expected within about a month or so…Kent is up another penny this morning to 18.5 cents, but the market is just beginning to catch on to developments at Turnberry and the discovery by Doray just 8 miles away…BMR has added North Arrow Minerals (NAR, TSX-V) to its portfolio…North Arrow is led by mining legend Gren Thomas and has some outstanding lithium, diamond, base metal and gold projects…we have every reason to believe it will be a star performer in the BMR portfolio…NAR is up 3.5 cents as of 9:15 Pacific time this morning to 23.5 cents…Gold Bullion Development (GBB, TSX-V) is holding steady at 28 cents…BMR readers continue to accumulate Sidon International Resources (SD, TSX-V) between 5 and 7 cents in advance of what could be a massive move to the upside with its proposed Morogoro East gold property acquisition in Tanzania…
April 7, 2010
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