BullMarketRun.ca

Gold is strong this morning, up $7.00 to $1,139 as of 8:30 am Pacific time…the CDNX, after taking a breather yesterday, has resumed its advance and is up 8 points to 1,550…the action in Gold Bullion Development (GBB, TSX-V) continues to look very bullish and we wouldn’t be surprised to see it close strongly today to cap off an incredible week…the chart for this stock is absolutely incredible and the fact it has held up so well after Tuesday’s action suggests that more fireworks is probably just around the corner…GBB is currently unchanged at 19 cents…two other situations need to be watched closely…Kent Exploration (KEX, TSX-V) and Seafield Resources (SFF, TSX-V)…the fundamentals with Kent are simply too strong to keep this stock at such a low market cap for much longer…we believe it’s going to “bust out” hugely this month, or at any time, as the focus on its Gnaweeda and Alexander River properties intensifies…folks, Alexander River is another Granada…that’s why we’ve been pounding so hard about Kent this week…Alexander River could become the “company changing” property for Kent that Granada has become for Gold Bullion…Seafield has pulled back from the mid-30’s to the upper 20’s, an area we identified where traders and investors need to pile in again…