BullMarketRun.com

Markets are relatively calm this morning but looking for direction after a sharp three-day pullback…gold is up $2.00 per ounce at $1,094 as of 8:40 am Pacific time…the key for gold in the days ahead is to see if it will hold above the December low of around $1,075…the CDNX is flat on the day at 1,550…month-end settlement is tomorrow which means we could see some sloppy trading for another day or so…we posted an article on Kent Exploration (KEX, TSX-V) this morning which is currently trading at 18 cents, down 1.5 cents on the day on just 15,000 shares…Kent is a junior gold explorer with superior management and strong assets which we initiated coverage on about three months ago…it remains one of our favorites and it’s possible a major breakout could occur very soon on assay results from its Flagstaff Mountain Property in northeastern Washington State…regardless of those results, however, Kent is resting on a very solid foundation with the barite deposit at Flagstaff and highly prospective gold properties in New Zealand and Australia…at 18 cents, its market cap is a paltry $6 million…Greencastle Resources (VGN, TSX-V) is showing some strength this morning, up 1.5 cents to .18 on nearly 200,000 shares…we love Greencastle for its oil, gold and cash, with a little bit of coal sprinkled in…Greencastle has been drilling some wells in southwestern Saskatchewan and we’re hoping for an update soon…