BullMarketRun.com

Gold is up strongly this morning as the U.S. dollar retreats…as of 7:45 am Pacific time, gold is $13 higher at $1,116 per ounce…the CDNX is up 3 points to 1573 on this final trading day of the month and quarter…our favorite pick at the moment, Gold Bullion Development (GBB, TSX-V), is a little weak this morning and down 2.5 cents to 27 cents…as we stated Monday, accumulating Gold Bullion under 30 cents while it completes its private placement is a wise strategy…reports are, the $4 million PP is heavily oversubscribed which may cause some minor delays in closing it…we were hoping to see Gold Bullion close its PP by the end of this week, but the end of next week now appears more realistic especially with Easter coming up…in any event, we expect April to be a huge month for GBB…Seafield Resources (SFF, TSX-V) was under pressure this morning and hit its 100-day moving average at 22 cents (just 2,000 shares traded at 21 cents)…the last time that happened was back in early December, just prior to a big move to the upside…the time to buy Seafield is always when it’s under pressure like this…also under a little bit of pressure is Colombian Mines (CMJ, TSX-V) which should find strong support at $1.30, just above its 20-day moving average…CMJ is currently off 3 cents to $1.32…Richfield Ventures (RVC, TSX-V) has come off its highs (trading at $1.75 this morning) and is also a great pick for the month of April when drilling resumes at its Blackwater Project in central British Coumbia…we have at least one new stock to add to our portfolio very soon as we are in the process of completing our due diligence on a company that we believe could deliver similar returns to Gold Bullion and Seafield which are each up over 300% from when we first introduced them at BullMarketRun…make sure you subscribe to our free BMR eAlert service to be notified of this company instantly by email as we post our article…simply send us an email to i[email protected] with the subject heading “eAlert” and your first name…