BullMarketRun.com

Gold continues to trade favorably and is up $3 an ounce as of 8:00 am Pacific time to $1,144…gold’s sharp sell-off Friday, which extended into early trading Monday, was healthy from a technical standpoint and has likely laid the groundwork for an eventual successful move through resistance at $1,170…the CDNX is up 2 points to 1,654…Gold Bullion Development (GBB, TSX-V) has pulled back from a high of 39 cents yesterday into a strong zone of support where we expect a powerful new upleg will begin that could drive this stock through resistance in the upper 30’s to a new all-time high…we expect an exploration update on Granada by tomorrow given the 7 to 10-day window that Frank Basa gave BMR in our interview with him last week…we are extremely bullish on what the Block Model may deliver given our extensive research on Granada and what we saw and reported on during our 3-day site visit last month…Gold Bullion touched a low of 34 cents this morning and is currently trading unchanged at 35.5 cents and showing technical signs of another imminent push higher…North Arrow Minerals (NAR, TSX-V) has commenced its spring drilling program at its Beaverdam Lithium Project in North Carolina…initial drilling completed by North Arrow in the fall of last year tested only 9 of over 37 pegmatite bodies that have been mapped within the project area…12 drill holes were completed and all intersected lithium-bearing pegmatites with assays including 1.24 per cent Li2O over 13 metres…the project’s numerous untested targets, advantageous location and proximity to infrastructure highlight the project’s potential for discovery of an American domestic lithium source…BMR is very bullish on the prospects for North Arrow given its strong management and geological expertise combined with an outstanding package of lithium, diamond, base metal and gold properties…the stock closed yesterday at 21 cents and looks very strong as well from a technical standpoint…Richfield Ventures (RVC, TSX-V) looks poised to make another move past the $2 mark…as regular BMR readers know, we believe Richfield’s Blackwater Project in central British Columbia has excellent potential to host a world class bulk tonnage gold deposit…they drilled some phenomenal intersections last year and a 25,000 metre drill program has now resumed at Blackwater….Richfield’s 20-day moving average is about to swing positive, confirming a new and immediate upleg in this stock which is off a nickel this morning to $1.86…