The BMR Portfolio

Gold Bullion Development (GBB, TSX-V)

Gold Bullion was up another 8 cents this week to 57 cents as it continues to strengthen in advance of the first set of Phase 2 drill results…it makes sense to us that results in Phase 2 will be even better than Phase 1…we’ve written about the “genius” of GENIVAR on this site before regarding their approach to Granada…the Phase 1 program, which was extremely effective and efficient and covered a wide area to test for “structure”, no doubt gave GENIVAR a wealth of information regarding the geological plumbing of this very large mineralized LONG Bars Zone system…they have used that new knowledge, we’re certain, to carefully and strategically plan the best locations for Phase 2 holes…2400 metres were drilled in the first 11 holes which means they’re going at least twice as deep in this round of drilling as they did in Phase 1…almost all previous holes ever drilled at Granada never went deeper than 150 metres…the early Phase 2 results could prove to be very interesting for the above mentioned reasons…we encourage investors to keep thinking “big” with regard to Granada and Gold Bullion because the geological facts are telling us to think big…this is the real thing and if all the analysts and the mutual funds are slow in figuring this story out and don’t come on board for a little while yet, that’s perfectly fine…they can buy their millions of shares at much higher prices…