BullMarketRun   BullMarketRun.com

A Daily, Vibrant Voice Focused on Speculative Opportunities,
Commodities, and Economic & Political Trends Impacting
The Resource Sector & Equity Markets
 

"Market-Trouncing Returns Through Unbeatable
Technical & Fundamental Analysis of Niche Sectors"

May 27, 2010

BMR Morning Market Musings…

Gold is up $5 an ounce to $1,216 as of 8:00 am Pacific time…the CDNX, meanwhile, continues to surge and is up 27 points to 1497…Gold Bullion Development (GBB, TSX-V) is pushing higher this morning…GBB is ahead 2.5 cents to 40.5 cents…the stock is technically and fundamentally positioned to head significantly higher in the month of June and should be a market leader in this post correction move by the CDNXKent Exploration (KEX, TSX-V) started trading again this morning after yesterday’s halt…Kent released drill results from Gnaweeda which included an 18 metre intersection (between 115 and 133 metres depth) at the Bunarra Zone which graded 11.09 g/t Au…Kent gapped up to 21 cents this morning but has since backed off to 18.5 cents on volume of nearly 2 million shares…the Gnaweeda Project clearly holds a lot of promise which should make Kent’s spinoff of Archean Star Resources very successful…Richfield Ventures (RVC, TSX-V) hasn’t yet participated in the Venture recovery and is sitting at $1.30 this morning, up 2 cents, where it’s an attractive buying opportunity…North Arrow Minerals (NAR, TSX-V) has made a nice 5-cent jump this morning (though on fairly light volume) to 22 cents…

1 Comment

  1. GBB … likely to close at 42.5 cents Friday….

    Comment by Theodore — May 27, 2010 @ 5:41 pm

Sorry, the comment form is closed at this time.

  • All Posts: