Welcome To the Gold Bullion Development Corp. HUB On AGORACOM

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.

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Message: Production soon

They expect to begin trenching and shipping ore to the mill soon, when all the permits are granted. There should be 32,000ozs produced (in the year) at a cost of less than $800/oz, which will mean revenue of around $42million, and perhaps $15million net, depending on the price of gold. If my arithmetic is right.

The market cap is presently $15.4 million @ $0.06/share, so the net income should be (almost) equal to the total current market cap. If everything goes even close to plans, that will change. Could be 10X, to $0.60 quite easily, in my opinion, within a year.

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