I see yesterday's news release with drill results is tagged by Stockwatch as 'Gold Bullion's results fail to please'.

No wonder the price dropped. Many will have sold on reading that headline without even glancing at the actual results.

Frank Basa actually says "We are very pleased with the results to date and believe they will ultimately significantly expand the mineralized area in all directions outside the Preliminary Block Model."

There are many high grade intercepts amongst very long lower grades, such as -

Hole GR-10-113 in the NE Extension zone intersected a vein grading 162.75 g/t gold over 1.09 metres (starting 232.5-metres down hole).

In the Eastern Extension zone, (where previously reported Hole GR-10-17 intersected 65.5 metres averaging 1.21 g/t gold), nine additional holes intersected long intervals of mineralization interspersed with narrow sections of higher grade. Hole GR-10-153 hit 135-metres averaging 0.62 g/t gold starting 3.9-metres down-hole. This included a 1-metre interval averaging 54.97 g/t starting 3.9-metres down-hole. Hole GR-10-145 cut a 45.9-metre interval averaging 0.82 g/t gold starting 31.3-metres down-hole that included a 1.5-metre interval that averaged 12.3 g/t gold.

Hole GR-10-141 intersected 1.5-metres averaging 39.9 g/t gold, starting 40-metres down hole. This occurred in a larger mineralized envelope that averaged 0.52 g/t over 276 metres.

Lots more. Read the actual results, don't depend on a dumb headline.

All this is extending the known area of mineralisation, and all is amenable to open pit methods.