BullMarketRun.ca

It’s a good day to be a buyer as markets are generally weaker across the board this morning, one of the factors being a report that showed U.S. consumer sentiment has slipped to its lowest level in 5 months…gold is off sharply, down $23 an ounce to $1,136 as of 8:20 am Pacific time while the CDNX has shed 10 points to 1669…Gold Bullion Development (GBB, TSX-V) found support at 30 cents as predicted and has formed a very nice new base…the stage is set for what promises to be a very dramatic week coming up with a Granada exploration update imminent including a preliminary block model on the LONG Bars zone…as readers know, we are very bullish on the prospects for Granada and we believe the potential is very high for the discovery of a multi-million ounce bulk tonnage, open pit deposit…a new all-time high on the stock next week appears almost certain given the technical patterns and fundamentals…the stock is currently up half a penny to 31 cents…a report out this morning by the Fraser Institute ranks Quebec as the world’s most attractive jurisdiction for mineral exploration for the third year in a row…the survey was based on the opinions of 670 mining executives and managers worldwide…Seafield Resources (SFF, TSX-V) is steady at 25.5 cents…Seafield President/CEO Tony Roodenburg has consented to an interview with BMR this evening…we expect to have that interview posted to the site as an audio link by no later than noon Pacific time tomorrow…