BullMarketRun.com

The markets are down again a bit this morning, weakness that we are buying into and in advance of what we believe will be a sharp upward move at month end and into March…gold is off $7.90 an ounce to $1,105 as of 8:30 am Pacific time while the CDNX has dropped 11 points to 1,517, just above its rising 50-day moving average…significant accumulation is taking place in Gold Bullion Development Corporation (GBB, TSX-V) …a chart tells a thousand words, and right now the GBB chart is telling us this stock wants to go higher, perhaps a lot higher…all of its moving averages are in bullish alignment, a technical overbought condition (based on Stochastics and RSI) from January has cleansed itself, and a recent reversal in the 20-day moving average clearly points the arrow north with this stock…of the six companies in the BullMarketRun.com portfolio, we can say with a high degree of confidence this morning that GBB has the best chance to make the biggest move in the shortest space of time…more drill results are pending from Granada and our theory is very simple – the more drilling and the more drill results the better because we are convinced this property has the goods, based on the half dozen assays in so far and all the historical information (including nearly 500 holes) on Granada and the region in general…of huge significance is the shallowness of the mineralization Gold Bullion is encountering at Granada, unusual for Cadillac Trend deposits…of course that’s what exists at Osisko’s Canadian Malartic Deposit 40 miles to the east…these are still very early days for Gold Bullion, but the risk-reward ratio at 10 or 11 cents is extremely attractive and compelling…Seafield Resources (SFF, TSX-V) dropped to 23 cents this morning and has since rebounded to 27, showing how important it is to buy into weakness…we believe Seafield will finally “bust out” sometime next month…
we’re also keeping a very close eye on Kent Exploration (KEX, TSX-V) which could firm up very quickly by the end of the week as drilling is very close to getting underway at Kent’s projects in Australia and New Zealand…