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After a powerful move yesterday, Gold is taking a rest so far today and is off $9 an ounce to $1,347 as of 8:35 am Pacific…Silver is just 3 cents lower at $28.92 while the U.S. Dollar Index is up one-quarter of a point at 78.07…U.S. employment rose far less than expected in January with bad weather throughout most of the country cited as the main reason…non-farm payrolls grew just 36,000, according to the Labor Department, which was well below the 145,000 increase economists had expected…the overall (official) unemployment rate, however, which is calculated from a separate survey, declined more than expected to 9% from 9.4% in December (weather related as well)…in any event, if anyone really trusts all the numbers from government (American or Canadian), then please contact us today as one of us has some beautiful waterfront property in Arizona for sale…perhaps the most honest assessment of the U.S. employment situation came from Federal Reserve Chairman Bernanke yesterday who stated, “It will be several years before the unemployment rate has returned to a more normal level”…Bernanke is holding a news conference at 12:30 pm Eastern today when he’s expected to defend the Fed’s monetary easing policies…an important technical breakout has occurred with the CDNX as John illustrated with his updated chart last night…the CDNX is off a few points this morning – it’s not going to jump 40 points every day – but keep in mind the primary trend is up, so any pullbacks present opportunities…as of 8:30 am Pacific, the CDNX is down 5 points at 2359…we had a very interesting discussion yesterday with GoldQuest Mining (GQC, TSX-V) chairman Bill Fisher, a professional geologist with an impressive 30-year track record in the industry…his credentials are impeccable…we encourage our readers to listen to the interview, do their own due diligence and connect the dots…we see GoldQuest as a major opportunity given the excellent potential for an expansion of resources at its La Escandalosa and Las Animas properties in the DR…drilling continues at La Escandalosa where the goal is at least one million ounces and the company is already 40% there (400,000 inferred 43-101 ounces) based on just 25 drill holes over a 350-metre distance (north to south)…mineralization has been traced for 2,200 metres from Hondo Valle in the north to La Hilguera in the south..the Gold is near-surface…it’s a flat-lying structure, ideal for open-pit mining…Fisher has already put one property into production in the DR (Cerro de Maimon, the country’s first copper mine)…GoldQuest has an impressive pipeline of advanced and early stage properties in the DR, along with a substantial zinc-lead-silver project in Spain (Toral)…a 43-101 resource calculation is due out shortly on Toral…initial results from Escandalosa are very possible this month along with the appointment of a new President and CEO who Fisher no doubt has been involved in recruiting…GoldQuest is currently up 3.5 cents to 46 cents…Richfield Ventures (RVC, TSX-V) is also looking very strong, showing the power that can come into a stock from a major discovery…Richfield has climbed over 40% since hitting a low of $3.63 January 24…with new drilling underway at Blackwater and more results due, Richfield still has a lot of upside potential and could perform extremely well during this fresh wave up in the CDNX…RVC is currently 7 cents higher at $5.07 after reaching a new all-time high of $5.24…GMP Securities issued a buy recommendation a week ago with a 12-month target price of $11.05 per share…at some point we expect the excitement at Blackwater will spill over into Troymet Exploration (TYE, TSX-V) and Greencastle Resources (VGN, TSX-V) which both have land packages near Richfield’s discovery (Troymet is further along with drilling starting shortly)…both are facing some pressure at the moment from declining 50-day moving averages but these are definitely two companies with excellent prospects over the coming months…Troymet is up half a penny to 26.5 cents while Greencastle is 1 penny higher at 25.5 cents…Adventure Gold (AGE, TSX-V) has perked up nicely lately…its 48-cent close yesterday was its highest closing price since December 31…the stock appears to have started a new uptrend with a reversal in its 20-day moving average (SMA) which had been in decline since late December and through all of January…we very much like AGE’s presence around Granada but the company has several other high quality projects including the Pascalis-Colombiere Gold Property near Val d’Or…a drill program started there in December…drilling is testing for potential extensions at depth and near surface around the past producing Beliveau Mine…we like that project a lot and AGE may catch the market by surprise as results start to flow in from the current program…Adventure Gold is quiet so far this morning, down a penny at 47 cents…the waiting game continues as far as fresh results are concerned with Gold Bullion Development (GBB, TSX-V)…our faith in the Granada Property is as strong as ever and we expect more good results, consistent with a positive trend over the past year…GBB is currently off a penny at 74 cents…we hope readers took a look at Great Panther Silver (GPR, TSX), one of our favorite silver stocks, when we mentioned it recently while it was trading below two dollars…GPR is currently up 4 pennies at $2.44…it got as high as $2.50…technically, it could be ready for a slight pullback, so watch this one carefully as another great opportunity could open up on the charts between $2.15 and $2.35…