BullMarketRun.com

Check back later today for Daniel’s Den and visit the BMR comments section throughout the day for updates and helpful information.

1. Gold has traded between $1,286 and $1,292 so far today…as of 7:00 am Pacific, bullion is up $2 an ounce at $1,289…Silver has added 2 pennies to $17.13…Copper and Nickel are up modestly at $3.05 and $5.03,  respectively…Crude Oil is steady at $50.92 while the U.S. Dollar Index has slipped more than one-tenth of a point to 93.08…in its latest commodity outlook published yesterday, analysts at Macquarie said that they see Gold prices pushing higher on the back of a faltering U.S. economy and a weaker U.S. dollar…the Australia-based bank sees Gold and Silver as outperformers over the next 12 to 24 months, an opposite view of two Goldman Sachs’ technical analysts who warned earlier this week that bullion is headed for a sharp fall…

2. OPEC’s production hit the 2nd highest monthly level this year in September, returning to growth after the Oil cartel’s output fell for the first time in 5 months in August…on a more bullish note, the producer group today raised its forecast for world Oil consumption in 2017 and 2018 for a 3rd straight month…the improved demand outlook from both OPEC and the International Energy Agency last month underpinned the Oil market rally in September…OPEC’s 14 members pumped 32.75 million barrels a day in September, up about 88,500 barrels, according to independent sources cited in the group’s monthly report…

3. Pretium Resources (PVG, TSX) continues to successfully ramp up operations at Brucejack, one of the world’s highest grade new mines in the Eskay Camp…82,203 ounces of Gold were produced in Q3 with a Gold recovery rate of 96.49%…in July, at the onset of the quarter, mill feed was predominately from low-grade stockpiles and development muck and 16,882 ounces of Gold were produced…as the ramp-up progressed, the mill began processing stope ore exclusively and an additional 65,321 ounces of Gold were produced in the last 2 months of the quarter…mill feed grade and Gold recoveries averaged 12.36 g/t Au and 96.92%, respectively, during the last 2 months of the quarter…the mill feed grade should continue to improve…PVG has jumped more than $2 a share to $14.26 in early trading…northwest of Brucejack, even as the weather turns colder, Garibaldi Resources (GGI, TSX-V) continues to aggressively drill at Nickel Mountain with 2 rigs, pointing to the increasing likelihood that the infamous Golden Triangle hosts Canada’s most significant Nickel-Copper-rich sulphide discovery in at least a decade…an exploration update from GGI is expected very soon…

4. The Dow is off slightly as of 7:00 am Pacific…the TSX has gained 23 points while the Venture has eased off 3 points to 791…Gold Standard Ventures (GSV, TSX) has made the jump from the Venture to the TSX with the company’s shares trading on the big board as of this morning…Jonathan Awde, President and CEO of Gold Standard, commented: “Gold Standard is very pleased to announce another significant milestone for the company and its shareholders. The TSX is Canada’s premier exchange and will further improve visibility of the company, provide access to a broader capital market base and will potentially provide greater trading liquidity for our shareholders’…GSV is focusing on district scale discoveries at its Railroad-Pinion Project within Nevada’s prolific Carlin Trend…

5. Barkerville Gold Mines (BGM, TSX-V) has extended a newly defined veining corridor known as the “Beta Corridor” in the Shaft Zone of its Cariboo Gold Project…drill hole IM-17–145 has intersected 20.5 g/t Au over 11.6 m and 87.7 g/t Au over 5.3 m at vertical depths of 365 and 415 m below surface…a total of 9 rigs are currently exploring and delineating the Shaft and Valley zones while a 10th drill is expanding the known mineralization on the BC Vein…BGM is off a penny at 84 cents, just slightly above its rising 200-day moving average (SMA)…

6. Probe Metals (PRB, TSX-V) released fresh drill results this morning from its Val d’Or East Project where 12,000 additional meters of drilling in 27 holes along the Pascalis Gold Trend further underscores the strong the potential south, east and under the former Beliveau mine…the 75,000-m program continues…expansion drilling to the south has intersected new vein structures including 27 g/t Au over 3.5 m and 1.8 g/t Au over 38.6 m at vertical depths of approximately 350 m and 135 m, respectively….expansion drilling to the East has returned 2.3 g/t Au over 34.8 m, including 18.1 g/t Au over 3.8 m, at a vertical depth of 160 m…drilling on the Highway zone 1 km northeast of New Beliveau intersected 5.1 g/t Au over 16.5 m at a 375 m depth in hole PC-17–187, including 19.4 g/t Au over 2.1 m and 21.6 g/t Au over 2 m, respectively…PRB has shown exceptional support near its rising 300-day SMA, currently in the mid-$1.40’s…

7. Canopy Growth (WEED, TSX) has entered into a definitive joint venture agreement to form a new company, BC Tweed Joint Venture Inc., together with a large-scale greenhouse operator to develop 1.3 million sq. feet of greenhouse growing capacity in British Columbia with an exclusive option to develop a further 1.7 million sq. feet of existing greenhouse infrastructure at a second B.C. location…applications have been submitted for both sites and subject to Health Canada and other standard regulatory approvals, “as well as a bit of luck”, the company stated, WEED is hopeful that it will have product available from the joint venture as soon as July 1, 2018…WEED has been gaining increasing momentum recently, as John’s charts suggested it would, with the stock up 8 cents at $12.91 through the first 30 minutes of trading…

The Template For The Next 10% Move In Garibaldi Resources

Thunder In The Corridor!

The Nickel Mountain Magma Highway

Two Big Plays Emerge in B.C., Setting The Stage For A Summer To Remember

How To Bring A Junior Resource Market To Life!

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

Northern Ontario Cobalt Junior Attracts Interest From Metal Trading Companies

The Most Important Venture Development Since The New Bull Market Began