BullMarketRun.com

It never ceases to amaze us how some people just “don’t get it”…Gold Bullion Development Corporation (GBB, TSX-V) came out with very significant news late this morning regarding its Granada Gold Property near Rouyn-Noranda, Quebec, about 65 kilometres west of Osikso’s massive Canadian Malartic Deposit…the headline writer at Stockwatch (and we’ve seen this many times before) chose the wrong headline by focusing on the 0.8 metre intercept in Hole 15 that graded nearly 2 ounces of gold…what he (or she) should have been drawn to was the fact Gold Bullion did a 600-metre step-out from the first three holes and came up with a very respectable, consistent and mineable 73 metres of 0.88 g/t…as far as we know, analyzing the various maps that are publicly available, there has been no prior drilling at Granada in the area of Hole 15…this is now an ever-increasingly interesting and growing deposit with mineralization open in all directions…dimensions, as stated in the news release, are 600 metres in length, 150 metres in width and up to 70 metres in thickness…assays on only 6 of 25 holes drilled in December and January have been reported…Gold Bullion has already completed an important and very revealing large bulk sample that graded 1.62 g/t, and the waste pile graded even higher – 1.75 g/t….what is beginning to emerge here is the very real possibility of something quite dramatic and unusual along the “Cadillac Trend” – a substantial surface bulk tonnage deposit (shallow depths, mineable grades, low cost, excellent recoveries) of at least 1 g/t…anyone who doesn’t see the potential of this is going to miss out on picking up a highly undervalued 10 cent stock ($8 million market cap) and making an incredible (potentially life-changing) return by showing just a little faith and patience as this company continues to drill its 2 x 7 km Granada land package…Gold Bullion traded for just one hour after release of the news and finished up half a penny to 10.5 cents…as investors digest the significance of today’s news, we expect impressive trading volumes and higher prices in the days ahead…we’ll be posting a more detailed report on Gold Bullion Tuesday morning…the Venture Exchange added 5 points today to 1,461 while both the Dow and the TSE were lower…gold is up $2.00 an ounce as of 5 pm Pacific time Monday…