BullMarketRun.ca

Gold is unchanged as of 8:40 am Pacific after falling as low as 1373 on profit-taking early today, ahead of the U.S. jobs report…American employment increased more than expected last month as private companies hired workers at the fastest pace since April, a positive sign in a sluggish economy…Silver continues its strong advance and is up 37 cents to $26.74 while the U.S. Dollar Index is up two-thirds of a point to 76.46…the CDNX has climbed over the psychologically important 2000 mark…the Venture is currently up 16 points to 2010…given the bullishness of the market and commodities in general, it appears the Venture may now take a run at the next major area of resistance around 2,200…as we have stated repeatedly, we are in the midst of a bull market of historic proportions that ultimately should drive the Venture Exchange to new all-time highs…Gold Bullion Development (GBB, TSX-V) has commenced a 50,000 metre Phase 3 drill program at the Granada Gold Property…this was revealed on the company’s web site yesterday with Gold Bullion also indicating that it will be providing a detailed update on progress at Granada in the near future…BMR’s bold prediction, based on historical information and GENIVAR’S visuals of holes drilled in Phase 2, is that a Hole 17-type or better discovery or discoveries are about to be reported in the Eastern Extension…GBB is currently unchanged at 58 cents…BMR is conducting its second interview in a week later today with Currie Rose Resources‘ (CUI, TSX-V) President and CEO Harold Smith…we see big things on the horizon for CUI which is currently drilling its very promising Sisu River Property at the large Mabale Hills Project in northwest Tanzania…given previous sampling around Sisu River and discoveries made by artisanal miners, the prospect of a significant “hit” at Sisu River has to be considered a good possibility…this property is just a short distance from Mwamazengo where CUI has drilled many stellar holes and a near-surface deposit (non-compliant) exists…in addition to Mabale Hills, we have many questions for Smith regarding the company’s Sekenke Project (southeast of Mabale Hills) which surrounds two former producing mines…CUI has already outlined a 12 km x 800 metre wide structure in that area with high grade targets in vertical quartz reefs hosted by sheared greenstones…Currie Rose is a major up-and-comer in Tanzania and their timing for an aggressive new wave of exploration there couldn’t be better…CUI is currently off half a cent to 20 cents…GoldQuest Mining (GQC, TSX-V) continues to firm up…in this explosive bull market, GQC is one of those “no brainers” with a terrific portfolio of Gold properties in the mineralization-rich Dominican Republic including the advanced Las Tres Palmas and Las Animas properties…GQC also offers some silver exposure with its DR properties and its zinc-lead-silver deposit in northwest Spain…Goldquest is ahead half a penny at 28.5 cents…Greencastle Resources‘ (VGN, TSX-V) 200-day moving average has reversed to the upside, another technical clue that VGN is gearing up for an explosive move that could rival or even exceed its spikes of 2003, 2006 and 2008…the company is getting much more active in the Gold exploration space and will also benefit from rising oil prices due to its monthly royalties from the Primate oil field in Saskatchewan…Greencastle is up 1.5 cents to 21.5 cents…Richfield Ventures (RVC, TSX-V) has climbed 21 cents this morning to $2.98…given the state of the overall market, and Richfield’s continued advancement of Blackwater, we believe it’s only a matter of time before RVC blasts through resistance around $3…