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Gold, which we indicated over the weekend is on the verge of a significant breakout, is up $6.00 an ounce to $1,124 as of 5:50 Pacific time this morning…a close above resistance at $1,130 would be extremely bullish…we expect that gold will challenge its December high sometime this month, a move that has been telegraphed by the action over the past two-and-a-half months in the CDNX…Gold Bullion Development (GBB, TSX-V) should enjoy a strong and active day after releasing very encouraging drill results post-market yesterday from its Granada Gold Property near Rouyn-Noranda, Quebec…we believe the news was a “company-changer” for Gold Bullion which has a great opportunity to discover a major bulk tonnage, open-pit deposit at Granada…we first uncovered Gold Bullion in December when it was a fledgling 7-cent stock and no one else was looking at…we did a tremendous amount of research on its Granada Gold Property and the former Granada Mine along with the area in general…Gold Bullion is truly a special situation with very significant “blue sky” potential…there is much more to report on GBB and it’ll be a major focus of our attention in the coming days…back in December we boldly stated GBB would become our “next Seafield (SFF, TSX-V)” which has jumped nearly 500% since we initiated coverage on it last summer…another company sitting on a former producing mine that we really like is Kent Exploration (KEX, TSX-V)…Kent is one of the best-managed junior exploration companies we’ve ever come across and has a lot of attractive components to it including the Alexander River Project in New Zealand, a short distance from OceanaGold’s (OGC, TSX) Globe Progress Mine…Alexander River has a historical non-compliant resource of 640,000 ounces of gold and Kent is slated to begin drilling operations there very soon…we’ll be reporting much more in the near future on why we are so bullish on the Alexander River Property, as well as Kent’s Gnaweeda joint-venture with Teck in Australia…Kent’s market cap is a paltry $6 million…the stock closed yesterday at 15.5 cents and is technically very oversold and resting securely just above extremely strong support at 14 cents, its 200-day rising moving average…we expect news from Kent very soon…