Re: maybe a game changer next week- Booner155
in response to
by
posted on
Nov 15, 2010 09:30AM
So far in 2015, three trenches have been completed in the area covering the smallest proposed pit located furthest west with channel sampling from the middle trench, TR15-11, returning 6.05 g/t Au over 8 m including 14.98 g/t Au over 3 m.
Gee BMR seems to think it fell 2cents on Friday maybe they do not know how to use Levell two either, I Think we do.
BMR Portfolio (1st of 2 parts)
Gold Bullion Development (GBB, TSX-V)
Gold Bullion started to show some new strength this past week, climbing as high as 69 cents Tuesday after reporting its best result yet from the LONG Bars Zone Eastern Extension…Hole #55, collared 88 metres northwest of Phase 1 Discovery Hole #17, hit some Granada high-grade and returned 4 grams over 40 metres and 1.69 g/t Au over 116 metres within a wider interval of 356.6 metres grading 0.60 g/t Au…that was a terrific hole and even significantly better than #17 which started all the excitement at Granada last March…the nearly 360-metre section of 0.60, down to a vertical depth of only 175 metres, is what helps build a mine…at this stage of the game Gold Bullion is still drilling for structure…grades will get even better with tighter drill spacing and larger diameter core drilling (RC drilling, for example, whenever that will take place), but even at 0.60 GBB has a very mineable grade…on Friday, Gold Bullion announced on its web site that additional updates on Granada are coming next week (the week of November 15), so more good news is likely on the way – Granada has consistently delivered positive results all year…at BMR we’re convinced the LONG Bars Zone is shaping up to be northwestern Quebec’s next major open-pit Gold deposit…after 3 site visits and exhaustive research, in addition to very encouraging and detailed information in GBB’s news releases over the summer regarding visuals of core from numerous holes, we’re extremely confident in stating that the best is yet to come from Granada…yes, we’re more than happy to continue to put our reputation on the line with this property because we believe in it wholeheartedly and the geological evidence is so powerful for the potential of a multi-million ounce near-surface deposit…Gold Bullion has an immense amount of work ahead of it – 200,000 or more metres of drilling is not inconceivable given the size of the LONG Bars Zone (including LONG Bars Zone 2) – but Frank Basa and GENIVAR are up to it…Gold Bullion is thinking ahead, thinking confidently and thinking big, as evidenced by the fact the company launched a Baseline Environmental Study in September…GBB finished the week up a penny at 60 cents, a 757% jump from when we added the company to the BMR Portfolio last December…Friday’s decline of 2 cents was just the 2nd single-day loss in 7 sessions and only the third drop out of the last 14 sessions…