BullMarketRun.com

Gold found support just above $1,200 this morning and as of 9:10 am Pacific time is trading at $1,218, down $6 on the day…the CDNX is up 3 points to 1558…Gold Bullion Development (GBB, TSX-V) continues to show strength this morning as it tries for a new 52-week and all-time high…GBB traded at its high of 42.5 cents and is currently at 41.5 on nearly 1.5 million shares…drilling will soon be ramping up at the LONG Bars Zone with confirmation yesterday from President and CEO Frank Basa that a second drill rig is being brought in to focus on the area within the Preliminary Block Model…the current drill rig will explore outside the Block Model, particularly around the northeast discovery area and further east…a third rig may be brought in later for deep drilling within the Block Model…Basa is in New York and Boston this week at the invitation of some American investors…Richfield Ventures (RVC, TSX-V), which also has a potential major high tonnage, low grade deposit on its hands, is up 4 cents to $1.57…the second part of our interview with President and CEO Peter Bernier will be posted later this morning…Richfield’s 25,000 metre drill program continues at its Blackwater Gold Project in central British Columbia…North Arrow Minerals (NAR, TSX-V) is up 2.5 cents to 21.5 cents…the stock has been under accumulation since mid-March and its lithium and diamond properties hold significant potential…NAR is a tremendous opportunity at current levels for patient investors with a timeline of 3-6 months who are looking to add some diversification to their portfolios…NAR’s primary focus is on diamonds and lithium though the company also has some interesting gold and base metal properties…it’s looking more and more likely that results from Kent Exploration’s (KEX, TSX-V) Turnberry Prospect will come in before the proposed spinoff of the Gnaweeda Gold Project into Archean Star Resources…Kent drilled 8 holes earlier this spring at Gnaweeda including five at Turnberry, its most advanced property…Kent is hoping for a repeat of Australian-listed Doray Minerals‘ success just 8 miles to the northwest of Turnberry…Doray recently discovered two major new gold zones at its Andy Well Property…initial results from Turnberry are imminent, meaning any day now…