BullMarketRun.com

Nothing like a little fire-fight between North and South Korea to give Gold a bit of a kick…as of 8:20 am Pacific, the yellow metal is up $7 an ounce to $1,373 after hitting a low of $1,355 this morning…Silver has regained some of its earlier losses but is still off 60 cents to $27.27…the U.S. Dollar Index has jumped nearly a full point to 79.59…it faces very stiff resistance, however, around 80…the CDNX is softer on some profit-taking and selling pressure in Toronto and New York…..the CDNX is off 10 points at 2004…Gold Bullion Development (GBB, TSX-V) continues to show very strong technical support at 60 cents, a level it bounced off from again this morning…GBB is currently off a penny at 61 cents, the middle of its range today…the GBB chart continues to look solid and the LONG Bars Zone is widening which is an important development…it’s all blue sky for several kilometres going east, so the fact GBB is proving the Zone is even wider adds greater value to the project…at BMR, we correctly predicted a discovery for Gold Bullion last December when it started drilling Granada and the stock was trading at just 7 cents…we see the same strong potential for a discovery with Currie Rose’s Gold properties in northwest Tanzania…they are currently drilling into a highly prospective target at Sisu River, approximately 8 kilometres northeast of the company’s Mwamazengo discovery in 2005…it appears Currie Rose is successfully penetrating the highly silicified and sheared quartz porphyry at Sisu River with 14 holes reaching their intended depths as of a week ago…initial assays are pending and the turnaround time should be fairly quick as CUI is using a lab just a short distance from the property…Sisu River forms part of the company’s Mabale Hills Project which is surrounded by several major mines and deposits in the heart of the prolific Lake Victoria Greenstone Belt…200 kilometres to the southeast of Mabale Hills is Currie Rose’s Sekenke Gold Project which has unquestionable potential for developing into a major discovery as it runs in between and surrounds two former high grade producing Gold mines from the first half of last century, including one of Tanzania’s original Gold producers…CUI hit a new 52-week high of 27.5 cents this morning…as of 8:20 am Pacific, it’s up half a penny at 26 cents after breaking through resistance at 24.5 cents yesterday…one of our favorite companies at BMR over the last 11 months has been Richfield Ventures (RVC, TSX-V) which has exploded to the upside this morning on new drill results from its Blackwater Project in central British Columbia…we know how to pick a winner at BMR and Richfield has jumped nearly 300% since we introduced it to our readers last December…a multi-million ounce deposit is indeed taking shape at Blackwater and we see this company as a definite takeover candidate…BW-91 is one of Richfield’s very best intersections to date with the top of the hole cutting 171 metres of 3.13 g/t Au…the stock is currently up $1.00 to $4.55…with a market cap of $170 million, Richfield still has room to move considerably higher over the coming months assuming it’s on its way to discovering a deposit in the range of 5 million ounces…Blackwater also has silver and copper values…other attractive players we like in the area with potential include Troymet Exploration (TYE, TSX-V) and Greencastle Resources (VGN, TSX-V)…