BullMarketRun.com

Gold has been bouncing around quite a bit today and as of 8:30 am Pacific time it’s now up $9 an ounce  at $1,160…the CDNX is ahead 4 points to 1669…yesterday’s drop in the CDNX was clearly bargain hunting time as suggested…Gold Bullion Development (GBB, TSX-V) is steady at 32 cents this morning as it forms a new base…Seafield Resources (SFF, TSX-V) has once again hit its 100-day moving average which it has done on just two other occasions since last summer…the stock was looking very strong late last week and then did a sudden, surprising retreat…we’re looking forward to our interview in a few days with Seafield President/CEO Tony Roodenburg…the key to making money in Seafield over the past six months or so has been to buy on weakness and sell into strength, so now would certainly not be a wise time to be dumping shares…today is Seafield’s fourth consecutive trading session on the negative side, and RSI levels are the lowest we’ve seen with SFF since its big run began last year…in otherwords, we can only conclude that the current weakness is an attractive buying opportunity…Seafield has a strong portfolio of properties and the cash to advance them…the company also has the right people in place to make some big things happen…Seafield is currently at 24 cents, down 1.5 cents…a company we suggest readers put on their radar screens is Everton Resources (EVR, TSX-V)…we’ve been watching Everton closely over the past couple of months, and just recently we spoke with President/CEO Andre Audet…Everton’s Shoal Lake Gold Project near Kenora, Ontario, has an NI-43-101 compliant indicated/inferred resource of 700,000 ounces of gold, but what has us excited about Everton is its huge presence in the resource-rich Dominican Republic…it has nearly 400 square kilometres of mineral rights there including a large land position directly adjacent to Barrick/Goldcorp’s Pueblo Viejo deposit that contains over 20 million ounces of gold…Everton hasn’t promoted its DR holdings effectively enough but we suspect that’s about to change in the near future…they’ve had some very encouraging early exploration results out of the DR…Everton is trading at 29 cents this morning for a market cap of approximately $24 million…