BullMarketRun.com

Markets are soft across the board today which means it’s a good day to look for bargains…Gold dropped to the $1,320 level again, an area of support, and as of 8:45 am Pacific the yellow metal is at $1,324 for a loss of $16 on the day…Silver is down 33 cents to $23.53 while the U.S. Dollar Index has climbed one-third of a cent to 78.02…the CDNX, which recovered strongly yesterday after a negative opening, is currently off 15 points to 1893 in sympathy with losses elsewhere…until some warning bells start ringing, which hasn’t happened yet, one has to maintain the proven successful strategy the last few months of buying into any weakness in the market…Gold Bullion Development (GBB, TSX-V) is showing signs of renewed strength…the company released a video yesterday that seems to underscore very effectively the “big picture” at Granada and the major blue sky potential of the LONG Bars Zone…the timing of the video is interesting and suggests to us the company is very confident regarding Granada and that everything is on track…GBB’s $8 million private placement is expected to close any day now and there’s every reason to believe there should be a steady flow of drill results over the final 2 months of the year…GBB is up a penny at the moment to 58 cents…we’re very intrigued by a company drilling in Tanzania right now, Currie Rose Resources (CUI, TSX-V), which is targeting an interesting anomaly at its Sisu River Gold Property – part of its highly prospective Mabale Hills Project…Sisu River is only a few kilometres northeast of CUI’s Mwamazengo discovery that returned some exceptional near-surface results several years ago including 63 metres grading 2.59 g/t Au and 31 metres of 5.97 g/t Au…Mwamazengo remains open at depth and warrants considerable additional exploration which Currie Rose is anxious to do, but first the company is going after another potential discovery at Sisu River where significant Gold mineralization is known to exist…the current 3,000 metre RC drill program is designed to determine the extent of that mineralization…CUI is in the process of drilling approximately 25 holes to depths of 100 to 125 metres in a 1st phase program…the company holds a large land package in the Lake Victoria Greenstone Belt and we’re also excited about its Sekenke joint venture which covers the strike extensions of 2 former producing mines as well as the ground between them…we’ll be interviewing CUI President and CEO Harold Smith tomorrow as an audio interview that we’ll be uploading to the site by Friday morning…CUI is currently unchanged at 16.5 cents…today we’re looking forward to a conversation with Seafield Resources (SFF, TSX-V) President and CEO Tony Roodenberg, an interview we expect to upload by sometime tomorrow…we hope Roodenberg can share some light on what’s happening with Seafield’s Quinchia Project in Colombia…we’re also intrigued again with Greencastle Resources (VGN, TSX-V) which just recently re-entered the Gold exploration space after a 3-year absence…at 14 cents Greencastle is trading at cash value and we believe Roodenburg is working on unlocking the value of the company’s Gold assets…