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Gold has traded in a range of $1,344 to $1,354 so far today…as of 8:35 am Pacific, the yellow metal is up $2 an ounce at $1,351…Silver is 24 cents higher at $29.38 while the U.S. Dollar Index is up slightly at 78.14…the next big test for Gold will be to get through its 100-day moving average (SMA) at $1,362…the CDNX is quickly approaching the 2400 level…the Index is up another 12 points this morning to 2382…GoldQuest Mining (GQC, TSX-V) hit a new 52-week high of 48.5 cents this morning…it’s currently up 2 pennies at 47 cents…our interview with GQC Chairman Bill Fisher has given us even more confidence that this company is on track for major exploration success in the Dominican Republic where Fisher’s goal is to outline at least a million ounces at La Escandalosa and put that near-surface deposit into production…a 43-101, based on just 25 holes, gave GoldQuest an inferred resource of 400,000 ounces prior to the start of the current 42-hole program…the 400,000 ounces is over a central zone section 350 metres long while mineralization has been traced over a distance of approximately two kilometres north to south…given that this is a flat-lying near-surface ore body that would have very low stripping ratios, the potential economics “are really quite compelling”, Fisher told us…GoldQuest has much more going for it in the DR as well as a 43-101 due for release at any time now on the Toral zinc-lead-silver deposit in Spain (5.4 million historical non-compliant tonnes grading 9% zinc, 6% lead and 45 g/t Ag)…we got the distinct impression from Fisher that investors can expect solid news flow from GoldQuest over the coming weeks and months…GoldQuest has a truly exciting package and a clear game plan…a decade of hard work in the DR is starting to pay off…Cadillac Mining (CQX, TSX-V) has come to life…CQX jumped as high as 33 cents this morning and is currently at 29 cents, up 4 pennies…the recent retracement seems to have run its course…with its strong presence in strategic areas along the Cadillac Trend, primarily west of Rouyn-Noranda, and its recent foray into the Great Basin where it has tied up an entire former mining camp near the Utah/Nevada border, the outlook for CQX is very positive especially considering its attractive share structure and current market cap of only $7.25 million…Gold Bullion Development (GBB, TSX-V) is off a penny on low volume at 75 cents…we have to assume a major exploration update from Gold Bullion is near at hand…news should also be on its way soon from Seafield Resources (SFF, TSX-V) which is off 1.5 cents this morning at 45 cents…technically, Seafield is still in very good shape and the recent weakness can simply be attributed to a lack of news…results from nine more drill holes are pending from Miraflores and initial results from Dos Quebradas are expected as well…Seafield’s Quinchia land package holds serious blue sky potential – geologically, it has all the right ingredients for a multi-million ounce system – so now is not the time to be getting cold feet simply because some impatient investors have knocked the price down a few pennies…after recovering to a high of 22.5 cents last week, Currie Rose Resources has pulled back to test support…this is normal technical action…it’s pretty clear in our view that CUI put in an important bottom recently at 15 cents, where it’s supported by a rising 200-day moving average…CUI is currently down 2 pennies at 17 cents…Sidon International (SD, TSX-V) is holding steady at 13 cents where it has strong technical support…President and CEO Kamal Alawas has agreed to an interview with us in the near future…it’s possible he could be waiting for news…we like how Adventure Gold’s (AGE, TSX-V) chart is looking (see John’s update yesterday)…AGE is currently off 3 pennies at 45 cents…we’re looking forward to drilling news from AGE’s Pascalis-Colombiere Gold Property in the eastern portion of the Val d’Or mining camp…a drill program started in mid-December…excellent potential for extensions to the past producing L.C. Beliveau Mine…