The Week In Review And A Look Ahead

Gold Bullion Development (GBB, TSX-V) put in an incredible performance this week which culminated in Friday’s massive volume and a record new all-time high for the stock of 42 cents after the release of its LONG Bars Zone Preliminary Block Model for the Granada Gold Property…excluding the recent northeast discovery and a potential new find in the southwestern section of the LONG Bars Zone, the Preliminary Block Model came out with an estimate (non-43-101 compliant) of 2.4 to 2.6 million potential ounces within the defined area…the company also announced that it’s starting a new 20,000 metre drill program at Granada within 2 weeks…investors reacted favorably to the news with the stock closing at 38 cents Friday – up 5 cents on the week – on volume of 8.6 million shares…the number of GBB trades was over 1,000 for the first time ever on a single day for this stock…Gold Bullion has now gained a whopping 443% since we introduced the company to BMR readers just four months ago…with a potential multi-million ounce gold deposit on its hands, Gold Bullion’s current $40 million market cap still considerably undervalues this play in our view…the more drilling at Granada, the better Gold Bullion looks…we believe GBB has the potential to attain a market cap 10 times where it is now by year-end, if not sooner, if it’s able to prove up the 5 million+ ounces that we’re convinced are in the ground at Granada…the company is also a potential takeover target so we anticipate exciting times ahead for Gold Bullion investors…the first of what we expect will ultimately be several drill rigs arrives on the property in a week…speculation is going to be intense moving forward with GBB and we highly recommend investors maintain a core position with this very special situation…