BullMarketRun.ca

It’s the final trading day of 2009, so a relatively quiet day is unfolding but the Venture Exchange has cracked the 1,500 level and is currently up 10 points on the day to 1,505…the possibility of a near-vertical spike in the CDNX early in the New Year is a very real possibility, as we have been discussing here in recent weeks, based on technical and historical factors…we do expect the CDNX to take a run at the 2,000 level before a significant correction sets in…gold is finishing the year on a positive note, down from the highs of the day but currently up $5.00 an ounce to $1,097 as of 8:20 am Pacific time…our top pick for the month of January is Gold Bullion Development Corporation (GBB, TSX-V) which we expect to stage a major breakout as its exploration continues at the Granada Gold Property in Quebec…the more we investigate this story, the more excited we get…we’ll be providing an important update on Gold Bullion prior to Monday’s first trading day of 2010…