BullMarketRun.com

Richfield Ventures (RVC, TSX-V), which we initiated coverage on last month at $1.20, reported this morning a 329 metre intersection grading 1.25 g/t at their Blackwater Project in the interior of British Colombia…there’s no question Blackwater is emerging as a world class bulk tonnage deposit conceivably in the order of a few million ounces…the stock ran to a high of $1.95 this morning and is currently trading around $1.80 as of 7:25 am Pacific Time…it opened at $1.75 this morning and from a technical perspective we would like to see it hold at or above that opening price and enjoy a strong close today…with just 30 million shares outstanding, Richfieldhas a market cap of only about $54 million so there is a lot of upside potential here as that gold resource gets better defined…Richfield will be resuming a drill program (10,000 metres) in the near future…another one of our favorites, Gold Bullion Development Corporation (GBB, TSX-V) has been trading between .095 and .105 this morning and is clearly a buy on any weakness…Colombian Mines (CMJ, TSX-V) hit $1.10 this morning – continue to hold…gold is firming up, ahead $4.00 an ounce to $1,125…