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Gold has been trading in a range so far today between $1,205 and $1,216 after yesterday’s big jump…as of 7:55 am Pacific time, Gold is off $3 an ounce to $1,208…the CDNX is down two points to 1382…Gold Bullion Development (GBB, TSX-V) appears to be on the verge of more significant discoveries in the LONG Bars Zone east-northeast extension area based on yesterday’s news from GBB…drilling is intersecting multiple zones of altered feldspar porphyry with some quartz veining in all directions surrounding Phase 1 discovery hole GR-10-17…yesterday’s Gold Bullion news release had a very bullish and aggressive tone, suggesting the company is confident its 20,000 metre Phase 2 drill program is going to deliver good results and expand the overall mineralized system at Granada…a LONG Bars Zone 2 is now also in play, 1800 metres east of GR-10-17 where some spectacular high grade historical gold showings have been reported…Gold Bullion is up a penny to 56 cents on strong volume of nearly 800,000 shares…speaking of volume, Sidon International (another BMR Portfolio gem), is the volume leader on the CDNX so far this morning with an incredible 10 million+ shares changing hands through the first hour-and-a-half of trading…the stock is ahead 3 cents to 11 cents…the reason for the move and the volume is that the CDNX finally approved the company’s private placement and option agreement to purchase the highly prospective Morogoro East Gold Property in eastern Tanzania…we added Sidon to the BMR Portfolio in March when the stock was sitting at just a nickel…we’ll have more on Sidon later today, but we are very bullish on Morogoro East which is located approximately 60 miles south of Canaco’s (CAN, TSX-V) Handeni Gold Project…Handeni of course is delivering world class results…Morogoro East is a flat-lying sedimentary-type horizon, and local miners have been pulling out some very high grades…technically, Sidon is now in overbought territory so short-term traders should keep that in mind…fundamentally, we expect Sidon to do extremely well over the long haul as it begins to explore Morogoro East…BMR will soon be posting an interview with Seafield Resources (SFF, TSX-V) President and CEO Tony Roodenburg…Seafield is up a penny this morning to 18 cents and we believe the company is in its best position ever as it develops its Colombian gold properties…