BullMarketRun   BullMarketRun.com

A Daily, Vibrant Voice Focused on Speculative Opportunities,
Commodities, and Economic & Political Trends Impacting
The Resource Sector & Equity Markets
 

"Market-Trouncing Returns Through Unbeatable
Technical & Fundamental Analysis of Niche Sectors"

December 23, 2011

Merry Christmas From BMR

“And there were shepherds living out in the fields nearby, keeping watch over their flocks at night. An angel of the Lord appeared to them, and the glory of the Lord shone around them, and they were terrified. But the angel said to them, “Do not be afraid. I bring you good news that will cause great joy for all the people. Today in the town of David a Savior has been born to you; he is the Messiah, the Lord.” (Luke 2:8-11)

Some two thousand years ago a baby was born.  This baby was born to a virgin and entrusted to the care of a carpenter.  He was not given to a King, not protected by an army.  There were no servants.  He was not born with a silver spoon in His mouth.  No, He was born to commoners in a stable and placed in a manger.

A manger is something that is used to hold food and water for animals, so you can picture this devine baby being placed in a dog’s dish.  From the beginning, Jesus was and still is God with the people.  He came to earth in humble beginings, lived a humble life, and died on a cross for the sins of the world.  In similar style, the first people to be informed of the birth of baby Jesus were the shepherds.  In those days shepherds were one of the lowest of society.  They were out in the fields living with the animals, not living in castles.  The angel of the Lord gives them the Good News for the world.  The angel tells them that a savior has been born to them, not only for them but for the whole world.  The angel does not say He was born for some of the people.  Jesus was born for ALL the people, ALL races, ALL ethnicities, ALL genders, ALL classses.  He is for ALL.

Christmas is a celebration of  “Jesus the Lord” coming to earth.  He came for you and for me.  In this season it is my prayer that all of our BMR readers and contributors would experience the true meaning of Christmas.  I pray that during this season that you will feel the Hope of Christ, the Love of Christ, the Joy of Christ, and the Peace of Christ.

I know this has been a difficult year for many.  So this Christmas in particular, may you have time to rest, relax, and reflect on the true meaning of Christmas.  From my home to yours I wish you all a very Merry Christmas.

Sincerely,

Terry Dyer

Owner/Publisher

www.BullMarketRun.com

December 22, 2011

Updated Charts

John updates charts this morning on four situations – Cap-Ex Ventures (CEV, TSX-V), Canada Rare Earths (CJC, TSX-V), Gold Bullion Development (GBB, TSX-V) and iSign Media Solutions (ISD, TSX-V).

Cap-Ex Ventures

Cap-Ex, which has now completed the first tranche of a $10 million financing, has made a significant iron ore discovery near Schefferville, Quebec.  Forbes & Manhattan is a major part of the financing and this strong and respected group, with plenty of experience in the iron ore space, has stepped in to provide its expertise with regard to day-to-day operations, strategic planning and communications.  As of 8:35 am Pacific, CEV is off 3 pennies at $1.01.  The stock has a clear zone of solid technical support as John points out below.

Note: Jon holds a position in Cap-Ex Ventures (John and Terry do not).

Canada Rare Earths

CJC has bucked the overall trend with an excellent December and is currently consolidating in a downsloping flag with RSI unwinding from an overbought condition.  Strong support around 50 cents.  A breakout into the mid-60’s would be a very bullish technical sign.  Initial assay results are expected sometime in January from the company’s promising Goeland Property in Quebec – visuals are highly encouraging but results are going to have to be very solid for the stock to maintain momentum.  Speculation could drive CJC higher prior to results.  As of 8:35 am Pacific, CJC is up a penny at 59 cents.

Note: John holds a position in Canada Rare Earths (Jon and Terry do not).

Gold Bullion Development

2011 has been a very disappointing year for GBB – not in terms of assay results from the LONG Bars Zone, but with regard to a lack of effective execution on the ground.  GENIVAR is now out of the picture and the company is hoping for better things out of SGS Canada as its new geological consultant.  An initial 43-101 resource estimate for the LONG Bars Zone, now expected sometime during the first quarter of next year, should go a long way toward giving investors a greater comfort level with GBBAs of 8:35 am Pacific, GBB is off half a penny at 13.5 cents.

Note: Terry and John hold positions in Gold Bullion Development (Jon does not).

iSign Media Solutions

iSign continues to try and position itself as a leader in proximity and delivery-based advertising social media.  There is long-term potential with this play and it’ll be interesting to see what kind of contracts this company can secure during the first quarter of next year.  As of 8:35 am Pacific, ISD is off 2.5 pennies at 25.5 cents.

Note: John, Jon and Terry do not hold positions in iSign Media Solutions.

BMR Christmas/Holiday Schedule

BMR Morning Musings will return Wednesday, January 4.  In the meantime, John has four individual company charts we’ll be posting this later this morning.  In addition, we’ll have a special posting New Year’s Day which will update the state of the markets and include charts for the CDNX and Gold.  Terry’s Christmas message will be posted tomorrow.

We wish all of our readers a very peaceful and joyful Christmas and a healthy and prosperous New Year!

Independent Research and Analysis of Emerging Junior Resource Companies: Speculative, Undervalued, Home Run Opportunities in Today’s Markets

Welcome to our site, or at least the initial version of it!  BMR has been online for two years and strictly through word-of-mouth we have built a loyal following. 

We’re continuing with our plans to ultimately build a very unique investment and money-management resource site that goes considerably beyond what we have now.  While we focus very much on the Gold market and trends in the global economy, and of course the technical health of the TSX Venture Exchange (CDNX), an important component of this site will always be original research on undiscovered junior exploration companies or small producers, mostly in the Gold exploration space, that offer very real and significant upside potential. We are extremely selective in the companies we feature and put forward to investors – we prefer quality over quantity.  However, investors must understand that these are still highly speculative situations and entail considerable risk, volatility and unpredictability.  Our stock coverage is for informational and entertainment purposes only and must not be viewed or interpreted as “buy”, “sell” or “hold” recommendations. Always perform your own due diligence and please read our disclaimer at the bottom.

We use a combination of fundamental and technical factors in determining the value and potential of a stock.  In terms of fundamentals we look for a company with a superb project supported by strong management.  Management must possess integrity, solid ethics and a determination to succeed and build shareholder value.

At BullMarketRun (BMR) we approach the handling of money from a biblical perspective and this is an important topic we will be sharing with our readers (and listeners) as the site continues to develop. The Bible teaches so much about money and how to handle it and invest it –  there are literally thousands of verses on how we should handle the money and possessions that God entrusts us with.  By examining the life of Jesus and reading the Word of God, we can all become fully equipped to be successful investors and handle money wisely.  If it’s the other way around –  if you’re a slave to money by being in debt for instance, or if you don’t respect the value of money and spend it foolishly –  you’re in trouble and you’ll never be blessed financially.  We have a God who thinks big – He created the universe – and He wants us to think big  in every area of our lives.  When we handle money from a Biblical perpective (His money that we have been given stewardship of) He will bless our financial decisions and an increase of tenfold or a hundredfold is always possible.  This all begins, of course, with a personal relationship with Jesus Christ by accepting Him as your Lord and Savior and putting Him at the throne of your life.  It is the most important decision you’ll ever make.

God Bless,

Terry Dyer

Owner/Publisher, www.BullMarketRun.com

Disclaimer:

BullMarketRun.com (BMR) is completely independent from any companies it covers.  BMR accepts no compensation of any kind from any groups, individuals or corporations for coverage of any company mentioned on this site.  We accept no advertising either.  Our stock coverage is for informational and entertainment purposes only and must not be viewed or interpreted as “buy”, “sell” or “hold” recommendations. No investment opinion or other advice is being rendered on any stock or company. We strongly recommend that you consult with a qualified investment adviser, one licensed by appropriate regulatory agencies in your legal jurisdiction, and do your own due diligence and research before making any investment decisions. The stocks we cover, by definition, are highly speculative and potentially very volatile. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase or short sale in these speculative stocks.  We are not Registered Securities Advisers. Our opinions can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Adviser operating in accordance with the appropriate regulations in your area of jurisdiction. It should be assumed that BMR personnel, writers and their associates may hold or dispose of or trade in positions in any securities mentioned herein at any time.  Owner/Publisher of BullMarketRun.com is Terry Dyer of Langley, British Columbia.

Forward Looking Statements:

All statements in BMR’s reports, other than statements of historical fact, may be forward-looking statements. These statements relate to future events or future performance. Forward-looking statements are often but not always identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.

December 21, 2011

BMR Morning Market Musings…

Gold ran as high as $1,643 overnight, likely due to some short covering, but has since fallen back to $1,613 for a loss of $2 on the day as of 7:30 am Pacific…Silver is off 12 cents to $29.44, Copper is up 2 pennies at $3.37, Crude Oil has gained 34 cents at $97.58 while the U.S. Dollar Index is up slightly at 79.95…

A close above $1,625 would be bullish for Gold near-term, so that’s the key level to watch for now as John’s chart below outlines…

Banks took a huge 489 billion euros at the European Central Bank’s first-ever offering of three-year funding today, raising hope a credit crunch can be avoided and that the money may be used to buy Italian and Spanish bonds…a total of 523 banks borrowed money at the tender with demand way above the 310 billion euros expected by traders polled by Reuters in the run-up to the operation…the banks’ lunge for funding pushed the euro to a one-week high versus the dollar…the three-year loans are the ECB’s latest attempt to ease the euro zone’s troubles…it’s the most the bank has ever pumped into the financial system, topping the near 450 billion it injected with its first one-year loans back in 2009…the ECB’s hope is that the ultra-cheap and ultra-long funding will have a range of beneficial effects, including bolstering trust in banks, easing the threat of a credit crunch and tempting banks to buy Italian and Spanish bonds, thereby calming markets and easing the currency block’s sovereign debt crisis…

The CDNX enjoyed a strong day yesterday, gaining 33 points with a nice jump in volume as well…while the Index is off a few points in early trading at 1436, a test of resistance at 1500 seems a plausible scenario by year-end…where the market goes from there to begin the New Year we’ll have to wait and see…today will mark our last Morning Musings of 2011 as we take a Christmas break…Morning Musings will return Tuesday, January 4, but in the meantime John will have a few charts (by tomorrow) and Terry will also be posting his Christmas message…we’ll also be doing a market update on New Year’s Day to kick off 2012…

A few individual Venture situations that have some momentum at the moment and we’re comfortable with include Cap-Ex Ventures (CEV, TSX-V), Canada Rare Earths (CJC, TSX-V) and Rainbow Resources (RBW, TSX-V) which is up a penny in early trading at 17 cents…John is working on updated charts for all three…Rainbow is a one year-old  company on the move after its acquisition of privately-held Braveheart Resources…Rainbow holds a package of properties in the West Kootenay district of B.C. including a promising Silver play (International) with high-grade, near-surface historical showings that were confirmed in sampling by Braveheart as recently as 2008…results from Rainbow’s fourth quarter exploration program are pending…the people involved in Rainbow are solid and include some very prominent Calgary businessmen…given the current technicals and fundamentals, a late-December/January pop with Rainbow appears very possible but we like the outlook for this company over the long-term…

December 20, 2011

BMR Morning Market Musings…

Gold has firmed up today…as of 8:10 am Pacific, the yellow metal is up $22 an ounce at $1,616, the 200-day moving average (SMA) and an important immediate technical hurdle…Gold however will face resistance right through the 1600’s…Silver has jumped 76 cents to $29.56…Copper is up 7 cents to $3.36, Crude Oil has climbed $3.26 to $97.14 while the U.S. Dollar Index has been knocked down two-thirds of a point to 79.69…

Given technical indicators, we could be looking at a significant rally going into year-end but the outlook for January remains uncertain at best…volatility reigns supreme and there’s no indication that will change as the calendar flips into 2012…

Market sentiment  improved this morning after the IFO survey of German business confidence defied the gloom-mongers by rising sharply in December…this was followed by a well-received auction of Spanish short-term debt (5.6 billion euros) which reduced fears about sovereign funding difficulties across the euro zone…so it’s a “risk-on” day and markets are also rebounding out of oversold conditions…what January will bring is a big question mark but the possibility of a very sharp downside move, likely followed by central bank intervention, has to be considered high given the technical patterns and some shaky fundamentals, in particular surrounding the euro zone and growth concerns in China and India…

U.S. housing starts surged to a 1-1/2 year high and permits for future construction were the highest since March, 2010, as demand for rental apartments rose, offering hope for the weak American housing sector…this has given some added juice to American markets today with the Dow up nearly 300 points…the TSX has climbed 203 points while the CDNX is 22 points higher at 1429…

The news yesterday regarding Cap-Ex Ventures (CEV, TSX-V) is extremely bullish in our view as Forbes and Manhattan, with proven successful experience in the iron ore space, is essentially taking control of the company…we hope some of our readers were able to take advantage of the recent share price weakness as CEV could really begin to kick into gear after Christmas…as of 8:10 am Pacific, CEV is up 3 cents at 96 cents…the CEV chart points to a strong finish for the year…

The direction of the U.S. Dollar will be key to watch as 2012 unfolds…as John’s chart shows below, the greenback entered a new bullish phase at the beginning of September and this has been be a problem for Gold…there has also been a very close correlation between the U.S. Dollar Index and the CDNX…in otherwords, the CDNX performs best when the greenback is weak and vice-versa – the Venture is in trouble when the U.S. Dollar Index is charging higher…the chart below was completed by John yesterday – there’s a lot in it, but try to grasp the “big picture” which is a U.S. Dollar trending higher…

Canada’s housing market shows the “classic signs of over valuation, speculation and over supply,” but Bank of America Merrill Lynch says that’s no reason to think that there will be an epic crash of American proportions…In a report issued yesterday, the bank’s Canadian analysts said record Canadian household debt and increased joblessness are cause for concern over the next year…there will likely be fewer sales, and prices could slip as much as 5% in the next year…that’s obviously not a good sign for the equity market, especially in the context of the overall global outlook…

December 19, 2011

BMR Morning Market Musings…

Gold dropped as low as $1,585 overnight, climbed back above the $1,600 level and then eased off again slightly…as of 7:10 am Pacific, the yellow metal is down just $1 an ounce at $1,598…Silver is off 59 cents at $29.15…Copper has shed 2 pennies to $3.30…Crude Oil is 68 cents higher at $94.21 while the U.S. Dollar Index is flat at 80.22…

Markets in New York and Toronto are generally flat while the CDNX is trading down a point at 1425…

Last week’s big tumble in Gold took the CDNX below important support at 1500 but the TSX Gold Index, despite falling 8% for the week, did not suffer the same degree of chart damage…in fact, the Gold Index so far remains within an upsloping channel that has been in place since early 2009…what this suggests is that the producers are likely to continue to outperform the juniors…the Gold Index needs to be watched carefully, however, as a breakdown below the channel would be a bearish development…it’s currently off 3 points at 367…there is strong support in the mid-360’s, an area that is being tested for the fourth time since early August…

The 10-year Kinross (K. TSX) chart is also interesting…the stock is at long-term support with Slow Stochastics also at support and RSI at a 10-year low…this chart shows Kinross was clearly a smart “sell” in mid-2008 but gives potential buyers a lot of encouragement right now…this chart throws some cold water on the Gold doomsayers at the moment…

One of our readers brought up Armistice Resources (AZ, TSX-V) in the comments section over the weekend and indeed it does have an interesting chart as John points out below…Armistice, which closed Friday at 21 cents, is developing its McGarry Project in Virginiatown, Ontario, immediately adjacent to the former Kerr Addison Mine which produced over 11 million ounces of Gold

Cap-Ex Ventures Ltd. (CEV, TSX-V) has entered into a management services agreement with Forbes & Manhattan, Inc., which will bring a new President and CEO into CEV…Francois Laurin, who was the Chief Financial Officer of Consolidated Thompson Iron Mines Ltd. (acquired by Cliffs Natural Resources earlier this year for $4.9 billion), will take over the reigns of Cap-Ex later this week upon completion of the first tranche of CEV’s recently announced $10.2 million financing, most of which has been subscribed by Forbes & Manhattan…CEV is currently off a penny at 87 cents…the news this morning is another positive development for Cap-Ex which has made a significant iron ore discovery in the Labrador Trough…

Canada Rare Earths (CJC, TSX-V) continues to look solid and is up 4 pennies in early trading at 59 cents…

December 18, 2011

High-Grade Gold (And Silver) At The End Of This Rainbow?

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