BullMarketRun.com

Gold has traded in a range of $1,383 to $1,399.50 today…as of 8:50 am Pacific, the yellow metal is up $10 an ounce to $1,397…Silver has jumped 48 cents to $28.90 and is quickly approaching last month’s 30-year high of $29.41…the U.S. Dollar Index is down more than half a point to 80.19…the CDNX is firmer at 2101, a 13-point gain from yesterday…the train is ready to leave the station, folks…this is not a time to be hoping for a “pullback” in the CDNX in order to get “positioned” in your favorite stocks…that opportunity came in November over a six-day period…we called this market correctly in July and what we see developing now is the next major phase in this historical bull market with the CDNX having the potential to reach the 3000 level during the first quarter of next year…that’s essentially a 50% move from current levels…we have already outlined all the factors supporting that bullish argument and we will reiterate them over the coming week…Gold Bullion Development (GBB, TSX-V) is up 3 pennies at 69 cents as it threatens to bust through some important resistance…the GBB 12-month chart shows amazingly consistent progression which very accurately reflects, in our view, what’s happening on the ground in the LONG Bars Zone…a quick look at the GBB chart should tell someone instantly that this is a company going in the right direction…we have many other examples of that in the BMR Portfolio…Currie Rose Resources (CUI, TSX-V) is strengthening this morning after a healthy three-day pullback…the 35% correction helped unwind a technically overbought condition and the rising 20-day SMA provided excellent support…CUI is up 3 cents this morning to 32.5 cents…GoldQuest Mining (GQC, TSX-V) had a strange drop yesterday which proved to be a great buying opportunity…GQC is currently up 4 cents to 35 cents (where it opened) after falling 4 cents yesterday to close at 31…GQC’s latest financials, released Monday, show the company had just over $2 million in cash as of September 30 and it’ll be putting some of that to work very quickly with a major drill program set to begin at the promising La Escandalosa Project (formerly Las Tres Palmas) in the Dominican Republic…an exciting exploration story is developing for GoldQuest in the DR, giving investors strong exposure to Gold, silver and copper…Sidon International (SD, TSX-V) came out with more news this morning, announcing that it has received authorization to commence a drill program at its MEG Property southeast of Morogoro in east central Tanzania…the first six holes will test the continuation of the vein that artisanal miners have been exploiting along the ridge that is between two placer areas…what was also significant in this morning’s release was the statement that “initial observations by (Sidon) personnel and the artisanal operators suggest that an enhanced recovery of the Gold is apparent. Further testing will be undertaken“…Sidon continues to liaison with authorities in anticipation of receiving its Mining License…the stock is up 1.5 cents this morning to 13 cents…the spike in volume and the corresponding price increase we’ve seen very recently with SD are very bullish indicators…Greencastle Resources (VGN, TSX-V) is up 1.5 cents at 28 cents…Greencastle President and CEO Tony Roodenburg has made it clear he intends to do something substantial with this company in the months ahead and that likely means adding a fourth Gold property and an “advanced” one at that as mentioned in VGN’s news release Tuesday…Greencastle has $6 million in working capital and a current market capitalization of only $12.5 million…strong bids have poured in the past couple of days on Adventure Gold (AGE, TSX-V) which hit a new 52-week high yesterday of 53 cents…there are several potential factors that could drive AGE significantly higher including the deep hole being drilled by Lake Shore Gold (LSG, TSX) at the Meunier JV Property (Timmins deposit) and continued exploration at Granada…AGE is currently unchanged at 51 cents…the stock is at an all-time high, so this is an extremely bullish scenario….