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Gold has traded between $1,363 and $1,387 today…as of 5:45 am Pacific, the yellow metal is up $17 an ounce to $1,384 on fears the European sovereign debt crisis may worsen…Silver is also stronger while the greenback continues to push higher…the U.S. Dollar Index is trading at 81.41, up half a point…despite an 8% mini correction in mid-November, the CDNX is poised to post its 5th consecutive monthly advance today…the Index goes into the final day of the month up 100 points from its October close…we are in the midst of one of the greatest bull markets we’ve ever seen in the junior mining sector, so this is a time to continue to think “BIG” and prepare for the potential of another spectacular move in the CDNX over the next few months…this Index is up 53% since the July low of 1343 and another 50% surge to 3000 by the end of February is very possible…the “masses” aren’t yet in this market – they’re still smarting from the Crash of ’08, but greed will draw them in soon enough…the CDNX still has a lot of catching up to do with Gold which was trading at half the levels it is now in 2007 when the CDNX was over 3000…with emerging market and Fed dynamics, the Perfect Storm has formed for an acceleration in the Commodities Super Cycle entering 2011 and this is profoundly bullish for the CDNX…Gold Bullion Development (GBB, TSX-V) has more than doubled its land position in the Granada area, announcing yesterday it has added 4 properties totaling 6,200 hectares…the maps on the GBB web site are certainly interesting and show how Frank Basa has also surrounded Threegold Resources‘ (THG, TSX-V) Adanac Project to the east…BMR is continuing to perform due diligence on all companies with any property in the general vicinity of Granada in preparation for a major report…GBB’s chart is a picture of beauty with the Chaikin Money Flow (CMF) indicator also showing that buying pressure has been increasing steadily through the month of November…GoldQuest Mining (GQC, TSX-V) enjoyed another strong day yesterday, hitting a new 52-week high of 37 cents and closing at 35.5 cents for a gain of 4.5 cents…the market is a forward-looking machine and it’s telling us that 2011 could be a spectacular year for GQC which has positioned itself extremely well for success with its projects in the Dominican Republic and Spain…preparations are underway for a major new drill program at GoldQuest’s La Escandalosa Property (formerly Las Tres Palmas) in the DR where the company is building a significant Gold resource with substantial upside potential…we’ll be reviewing the possibilities of La Escandalosa in more detail in the coming days, and that’s just one of numerous highly prospective properties GQC has in the DR…in Spain, it’ll be interesting to see what develops with GoldQuest’s Toral Project, a significant zinc-lead-silver deposit, after a 43-101 resource estimate is announced in the near future…another company we like in the Dominican Republic that we suggest investors do their due diligence on is Everton Resources (EVR, TSX-V)…Everton, like GoldQuest, has explosive potential as demonstrated by its chart…EVR is also currently drilling its APV Property which is immediately adjacent to the massive Pueblo Viejo deposit under development by Barrick and Goldcorp…Currie Rose Resources (CUI, TSX-V) fell for the first time in 9 trading sessions yesterday, dropping 1.5 cents to 36 cents…the stock has very strong technical support in the low ’30’s as proven yesterday when it reacted after touching 33.5 cents…we don’t believe you’ll see President and CEO Harold Smith sell a single share of CUI anytime soon as he is extremely focused and committed to building this company into a huge winner in Tanzania with its Mabale Hills and Sekenke assets…Sidon International (SD, TSX-V) enjoyed a powerful day yesterday as it traded over 8 million shares on the CDNX on news that it has signed a contract with Simba Drilling Company Ltd. to begin a 1,500 metre drill program at the company’s Morogoro East Property…our speculation over the weekend of a potential near-term breakout in Sidon, based on technical indicators, proved correct…it appears Sidon could have a very strong finish to 2010…we’re keeping a close eye on Seafield Resources (SFF, TSX-V) which has shown some recent strength including a reversal in its 20-day SMA and a dramatic surge in buying pressure as revealed by the CMF…the stock closed unchanged at 22.5 cents yesterday…SFF does face strong technical resistance in the 24 to 27 cent range, as we saw in September and October, so it will take a major development for this stock to break that barrier…the current technicals, however, suggest Seafield should be watched closely right now…