March 7, 2010
BullMarketRun finally has company in its endorsement of Gold Bullion Development Corporation (GBB, TSX-V), and what prestigious company it is!
The Coffin Brothers (David and Eric, Hard Rock Analyst – HRA) are huge in the resource business and have put out a buy recommendation on Gold Bullion. What’s so significant about this is that these guys understand geology – David, in particular, who is a geologist, while Eric has the business savy and handles the financial analysis side of things.
There is no way the Coffin Brothers would have endorsed Gold Bullion if they didn’t do their homework. That meant, undoubtedly, speaking with Frank Basa, pouring over all the drill results, and examining historical information on Granada to come to the conclusion that “these shallow intersections do indicate a bulk tonnage system with broad gold grade is in place.”
There will be more recommendations put out on Gold Bullion for sure, but just remember where the first one came from (at 7 cents back in December at BMR)!
The Coffins know their stuff and we’re thrilled they’ve picked up on this growing story. The potential of Gold Bullion is reflected very clearly in this description of the Coffin Brothers’ Hard Rock Analyst on their web site:
“HRA also uncovers high risk/high potential exploration plays, the kind of ’swing for the fences’ trade that can yield returns of hundreds or even thousands of percent.”
David and Eric, it’s great to have you following the exciting story of Gold Bullion Development and a possible major new discovery along the prolific “Cadillac Trend”.
