Coming off the worst one day drop since 1987, the Canadian Markets managed to bounce off the mat during Friday’s session. For the tale of the tape, the TSX Exchange added 5.58%, while the TSX Gold Index surged 27.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gained 1.72% with the declining issuers outpacing the advancers by a 419 to 397 margin on volume of 153 million shares traded.

Russell McDougal at Investor’s Daily Edge says there are extraordinary investment opportunities in the resource sector now.

There is a huge disconnect between commodities prices and resource-sector stocks. Even though the price of oil, gold and other resources have risen sharply in the last year, mining stocks are in turmoil.

With all fundamentals pointing to a sustained commodity bull market, Russell says now is the perfect time to buy into quality resource companies at bargain prices…