BullMarketRun.ca

We generally don’t like speculating on pending drill results because that can be a very tricky business, but yesterday’s news from Gold Bullion Development Corporation (GBB, TSX-V) has raised a few eyebrows. What caught our attention in particular was the third sentence in the second and final paragraph: “The company will also be assaying for silver, copper and nickel in specific holes.” These metals, to the best of our knowledge, have never been reported at the Granada Property (only gold), so why Gold Bullion would want to run assays for silver, copper and nickel is interesting indeed. This is pure speculation on our part, but it’s possible they got some really intriguing visuals from some of the core in the first 11 holes just completed. We could be reading more into this than we should, but the fact they are also so quickly going into another round of drilling is interesting and encouraging also. Another 2,000 metres starts next week. There has been massive accumulation of this stock recently and we do anticipate a breakout very soon.