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Message: excerpt from bullmarketrun

Richfield Ventures (RVC, TSX-V)

Richfield has been a very strong performer lately and was up another 22 cents this week to $1.73…the stock has essentially doubled since its late June low of 87 cents…RVC has been up 9 of the past 11 sessions and has not had a “down day” since July 21…clearly, Richfield is technically overbought at the moment but it does have a tendency to reach extreme overbought conditions before reacting…further upside potential therefore exists as a new trading week begins but we advise against chasing this stock at the moment…a wiser strategy would be to wait for a pullback that could test the 100-day moving average around $1.50…we are very bullish on the prospects for Richfield’s Blackwater Project in central British Columbia, so we do see exciting developments in store for this company over the balance of the year as its 25,000 metre drill program continues…

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