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March 16, 2010

BMR Morning Market Musings…

From Rouyn-Noranda, Quebec, 10:50 am EST 03/16/10

We are in a rush to head back to the Granada Gold Property, so our regular BMR Morning Musings is somewhat abbreviated today…gold is up strongly this morning, currently ahead $16 to $1,125 while the CDNX is up 11 points to 1,572…Seafield Resources (SFF, TSX-V) came out with more details on its Colombian gold property acquisitions yesterday near the close…we’ll be going into more detail on that news tomorrow, but for now we want to get the point across that the Seafield release does not do justice to the Dos Quebradas Property which is far more significant than it may immediately appear…for now readers can go back to some of our reports from November of last year when we first broke the story on Dos Quebradas…Seafield, remarkably, is trading at just 26.5 cents this morning…Gold Bullion Development (GBB, TSX-V) is unchanged on the day at 23 cents while Kent Exploration (KEX, TSX-V) is down a penny to 19 cents…

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