RE: What a great opportunityhere's fairchij's post again...............
I bought quite a few shares again today.
Bottomline here is that insiders hold a lot of this stock which is good. Andthey have not sold any! Consider that fact very closely and have a greatweekend everyone.
Next week is going to be extremelyinteresting.
L2 at close. Notethat no one bothered to paint the tape back up to .56 or even .57 atclose…That is because the smart money wants all the shares they can get,at the lowest price they can get them.
of course the insiders aren't selling..thanks to Canadian Insider,we'll all know immediately when they start selling...this will cause a selling avalanche...the insiders are getting big fat salaries,expense accounts other benefits from the financings...their objective is to get rich on the next financing..plus cash in on their cheap ,cheap paper...millions and millions of it
next week doesn't have to be very interesting...
smart money wants all the shares...bs..smart money would be accumulating shares and would happily pay another 5 cents daily to get control
it's pull-back time and a critical milestone here..if drillers were ecstatic with viseable core...word would be out and the insider cronies would be all over this deal
wake-up...buy what you can comfortably afford to speculate with
lots of cheap paper.........
December 8, 2009 - Gold Bullion Development Corp. (the "Company" or “Gold Bullion”, TSX.V: GBB) announces that a director of the Company has arranged a sale of 2,000,000 common shares of the Company at a price of
.075 per share through the facilities of the TSX Venture Exchange. The net proceeds from this sale will be used to fund the private placement announced December 8, 2009 of 13,571,428 units of Gold Bullion (the “Units”) at a price of
.07 per Unit, each such Unit consisting of one common share in the capital of the Company and one transferable share purchase warrant, each warrant entitling the holder to purchase one additional common share in the capital of the Company for a period of two years from the date of issuance, at a purchase price of
.10 per share during the first year and
.12 per share during the second year.
March 29, 2010 - Gold Bullion Development Corp. (the "Company", TSX.V: GBB) advises that an error was made in its news release of March 26, 2010 amending the terms of a non-brokered private placement. The Company incorrectly referred to the original date of the news release announcing the private placement as August 16, 2010. The correct date is March 16, 2010. The news release should read:
The Company announces that it has amended the terms of a non-brokered private placement (the “Private Placement”) announced on March 16, 2010.
The Company has amended the terms of the Private Placement to increase the number of units (the “Units”) for sale from 15,000,000 Units to a maximum of 18,700,000 Units, at a price of
.215 per Unit, for gross proceeds of up to $4,020,500. Each Unit will consist of one common share in the capital of the Company and one-half of a transferable share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share in the capital of the Company for a period of two years from the date of issuance, at a purchase price of
.30 per share.