BullMarketRun.com

Gold has traded in a range of $1,187 to $1,199 this morning…as of 7:45 am Pacific time, Gold is unchanged at $1,192…the CDNX is up 5 points to 1369…after last week’s Gold Bullion news release and our interview yesterday with company President and CEO Frank Basa, BMR is convinced that GBB’s Phase 2 drill program is going to significantly expand mineralization not only near surface but at depth in the east-northeast Phase 1 discovery area of the LONG Bars Zone at the Granada Gold Property in northwestern Quebec…what is highly significant is that if indeed GENIVAR is finding mineralization at depth (150 to 300 vertical metres) in the east-northeast area, as both the news release and Basa suggested, there is a high probabality this will also occur within the Preliminary Block Model immediately to the west where essentially only shallow drilling (100 metres vertical or less) has ever taken place…it doesn’t take a rocket scientist to understand how the magnitude of this project appears to be growing and very significantly…Gold Bullion is in what we call the “sweet spot” for accumulation – there has been a normal pullback, very typical and similar to what Osisko (OSK, TSX) went through in its early days, with the long-term uptrend remaining firmly intact from a technical point of view…this sort of pullback can precede a massive breakout to the upside on huge volume…we have all the clues and signals that suggest Gold Bullion has something potentially massive on its hands in the LONG Bars Zone with a second LONG Bars Zone possible nearly 2 kilometres to the east of GR-10-17…if these two zones connect, then Granada will rival Canadian Malartic…Gold Bullion is currently up 2 pennies to 49 cents…Sidon International, which we added to the BMR Portfolio in March at a nickel, has tripled in value for us after reaching a high of 15.5 cents this morning…unlike Gold Bullion, however, Sidon is technically very overbought at the moment which doesn’t mean it can’t become more overbought but “chasing” Sidon right now is probably not a good idea…we also expect the company to be announcing another financing in the near future to really set the wheels in motion for Morogoro East…our outlook for Sidon for the remainder of the year, however, is very bullish as it begins to explore this highly prospective gold property which has many high grade showings and is also along the same belt as Canaco’s (CAN, TSX-V) Handeni Project…Sidon is up 1.5 cents to 14.5 cents on 3.5 million shares…Sidon and Gold Bullion (which we first introduced at just 7 cents) are classic examples of the home run opportunities we uncover at BullMarketRun…speaking of blue sky potential, we also urge investors to keep North Arrow Minerals (NAR, TSX-V) on their radar screens as we see a real chance for some geological fireworks out of this company come September when it begins drilling its Lac de Gras diamond property in the Northwest Territories…North Arrow is unchanged at 17 cents this morning…