BullMarketRun.ca

Gold is up another $3 an ounce this morning to $1,152, as of 8:15 am Pacific time, while the CDNX has pulled back slightly in sympathy with the broader markets and is off 3 points to 1644…the BMR recommended strategy right now is to buy into any weakness or slight pullbacks as the primary direction with gold and the CDNX is clearly up…Gold Bullion Development (GBB, TSX-V) hit a low of 25 cents this morning…it’s time to back up the truck again and load up with GBB…the technicals and the fundamentals are both confirming that…GBB has once again cleansed its overbought condition with RSI at levels we saw just before the huge advance in early March…we expect the company will announce the closing of its private placement by tomorrow and then the market’s focus will shift to drill results and a preliminary resource model that could bring in a massive amount of speculation…Seafield Resources (SFF, TSX-V) is also showing signs of another possible run to the upside, and Sidon International Resources (SD, TSX-V) was a steal this morning while it briefly traded at a nickel…we have a major report that we’ll be releasing tomorrow on Kent Exploration (KEX, TSX-V) which will put everything with that company nicely into focus in light of Doray Minerals’ significant gold discovery 8 miles west of Kent’s Turnberry Prospect in western Australia…North Arrow Minerals (NAR, TSX-V), which we featured yesterday, is digesting yesterday’s 25% gain and is currently off a penny at 24 cents…NAR represents tremendous value at current levels and adds diversity to a portfolio with its lithium, diamond, base metal and gold interests…