BullMarketRun.com

Gold was as high as $1,217 overnight but has softened slightly to $1,207 as of 6:55 am Pacific time…that’s a $5 drop from yesterday’s close…a powerful new move appears to be underway with the CDNX though it’s off to a quiet start today, up just a point at 1504 in early trading…the Index is ahead 8% since last Friday’s low of 1393 which was the bottom of a 15-day correction that shaved 295 points or 17.5% off the CDNX…Gold Bullion Development (GBB, TSX-V) is unchanged at 40.5 cents…all of GBB’s major moving averages are once again back in bullish alignment (the 20-day SMA turned down slightly just recently)…BMR is returning to the Granada Gold Property next week…our first visit was in mid-March…next week’s on-site visit will be for three days (Tuesday through Thursday) when drilling is expected to ramp up in the LONG Bars Zone…Kent Exploration (KEX, TSX-V) is holding steady with firm bids at 18.5 cents…Kent ran as high as 21 cents yesterday on news of an 18-metre intersection at the Gnaweeda Bunarra Zone that graded just over 11 g/t Au…it was a shallow hole (115 to 133 metres) and one of only 3 drilled at Bunarra…Kent should firm up as the significance of that hole is better understood by the market…Richfield Ventures (RVC, TSX-V) continues to trade in a very attractive area right around its rising 200-day moving average…Richfield is up a penny to $1.29…