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Gold dipped briefly below $1,160 this morning but is now up $2 an ounce to $1,164 as of 9:00 am Pacific time…the CDNX, which has been up 7 days in a row, continues to power higher and is currently at 1687, up 7 points…Gold Bullion Development (GBB, TSX-V) broke out as predicted this morning and is enjoying a stellar day with a 6-cent advance to 35 cents on volume of over 3.5 million shares…the stock is closing in on its all-time high of 39 cents…this is the “Perfect Storm” we were referring to for Gold Bullion with a number of factors driving this stock higher…what’s particularly revealing and encouraging about Gold Bullion’s move from below 10 cents in December to near 40 cents now is the fact insiders are simply not selling…two of them added to their positions in the recent private placement and they are showing every sign of being incredibly committed to this for the long term as the company continues to develop its very promissing Granada Gold Property as a potential major bulk tonnage, open pit deposit…Gold Bullion’s Preliminary Resource Block Model on Granada is due shortly along with new assay results and a resumption of drilling…the blue sky potential of Gold Bullion is enormous and if insiders refuse to sell, we see no reason why our readers should sell…Kent Exploration (KEX, TSX-V) is trading large volume this morning – 1.7 million shares – which is a good sign as more stock is soaked up from the exercise of warrants…Kent is one of our favorite companies and we believe it will perform exceedingly well along with its upcoming spinoff, Archean Star Resources…Kent is down 2 cents to 20 cents on heavy volume…we suspect some “positioning” in the stock is taking place this morning as well…