From Rouyn-Noranda, Quebec (10:45 am eastern time):
Gold is off $7 an ounce as of 10:45 am eastern time this morning at $1,217…the CDNX, now supported by a rising 10-day moving average, is 2 points higher at 1486…BullMarketRun is launching a new feature later today – BullMarketRun TALK, a 25-minute show that today will feature Gold Bullion Development (GBB, TSX-V) President and CEO Frank Basa as well as BMR’s technical analyst…today is our second full day in Rouyn-Noranda, a city with a rich mining history and home to Gold Bullion’s Granada Gold Property which is just five kilometres south of the city centre…Gold Bullion is trading at 41.5 cents this morning, down 1.5 cents on the day…the stock remains in a clear uptrend, however, as confirmed by our technical analyst who discusses GBB and the CDNX in general on BullMarketRun TALK today…we continue to keep an eye on Seafield Resources (SFF, TSX-V) which is expected to close a $2.5 million financing tomorrow…based on technical and fundamental factors, we believe SFF has an excellent chance of showing some real strength for the first time in a few months…North Arrow Minerals (NAR, TSX-V) is up half a penny to 18.5 cents…North Arrow will start to “ground truth” its Lac de Gras drill targets this month in preparation for a major exploration program this summer…Dr. Chris Jennings, one of the world’s foremost authorities on diamond exploration, has used proprietary technology to identify 70 high priority untested kimberlite targets on North Arrow’s 100,000 acres at Lac de Gras…the rich Diavik deposit trends through the centre of North Arrow’s properties…the weakness in Richfield Ventures (RVC, TSX-V) recently makes no sense as the stock dropped as low as $1.10 yesterday…RVC is up 2 cents this morning on light volume to $1.17…
