The BMR Portfolio

Gold Bullion Development (GBB, TSX-V)

Gold Bullion closed Friday exactly at its rising 50-day moving average (54 cents) and is sitting comfortably in a strong zone of technical support…it was down 4 cents on the week, somewhat surprising considering the news of July 29, but Gold Bullion bulls hold the upper hand with initial drill results imminent from the LONG Bars Zone eastern extension where GENIVAR has likely hit some “sweet spots”…the visuals on all these holes drilled east of the Preliminary Block Model (27 as of July 28) have been very encouraging as detailed in Gold Bullion’s latest news release…given the geological information we have on that area through various historical and technical reports, we’re convinced there’s a high probability GBB will deliver some spectacular results from this growing zone which has been drilled over an area nearly 400 metres north-south and nearly 400 metres east-west…all of this is outside the 2.4 to 2.6 million ounce Preliminary Block Model (potential non-compliant resource) where infill drilling continues…August, we believe, will prove to be Gold Bullion’s most exciting and important month yet as we expect initial results from the eastern extension will clearly demonstrate the multi-million ounce possibilities of the LONG Bars Zone and the Granada Gold Property as a whole…this is why we’re heading back to Granada very shortly…Gold Bullion is up an incredible 671% since we first introduced this company to BMR readers and anyone who would listen last December…if the LONG Bars Zone is what we think it is, that move is just the opening act…Osisko 2.0 is coming together…