The Week In Review And A Look Ahead – Part 2

The BMR Portfolio

Gold Bullion Development (GBB, TSX-V)

Gold Bullion survived last week’s market carnage and even gained a penny on the week to close at 39 cents…the stock traded almost 10 million shares and even reached a new all-time high of 46 cents last Tuesday…there is incredible technical support for Gold Bullion in the mid-30’s, so we very much doubt the stock will drop below that level even if the CDNX were to experience another substantial decline…the fundamentals driving this play are exceptionally strong…quite simply, GBB should be accumulated on any weakness…drilling ramps up at the Granada Gold Property next month with a second rig…we suspect close to 2,500 metres has been completed so far…