May 5, 2010
Based on trading patterns this morning, Gold Bullion Development appears poised for another move to the upside…
Gold Bullion Development (GBB, TSX-V) hit a low of 33.5 cents this morning but it too has rebounded in what could very well be an important “hammer” reversal…the stock is now down just half a penny at 36.5 cents on just over a million shares…Jordan Capital swooped in on weakness during the first half hour of trading, an encouraging sign…Gold Bullion continues to look very strong, fundamentally and technically, and immediate accumulation at these levels makes sense…