BullMarketRun.com

Gold is strong this morning, up $11 an ounce to $1,128 at 6:45 Pacific time…a technical indicator we watch closely with gold is its 14-day moving average which could very well reverse to the upside today or within the next few days, further confirming that gold is about to make an assault on its record high…drilling has resumed at Gold Bullion Development Corporation’s (GBB, TSX-V) Granada Gold Property…folks, we have a strong hunch that assays from Gold Bullion’s first 11 shallow holes drilled in December are going to be impressive…the company will be attending the World Resource Investment Conference in Vancouver January 17-18, and we wouldn’t be surprised if President/CEO Frank Basa has some initial assays in hand for that event…folks, there are two powerful dynamics at play with Gold Bullion that give this 10-cent stock such major upside potential – blue sky exploration possibilities, and production capability…while Gold Bullion is finding an even larger resource at Granada, they have the ability, through a custom milling agreement, to put this former producing mine back into production rather quickly at a very low cost (about $325 an ounce)…about 95% of their 2 x 7 kilometre land package (about 40 miles west of Osisko (OSK, TSX) has yet to be explored, and we’re convinced there
could be a motherlode of a deposit there along this terrific gold belt…in short, the risk-reward ratio on Gold Bullion at just 10 cents a share is too attractive to pass up…