Vote of Confidence Are you nuts!!! Precious1 posted the following
"Now that's a very quick closing. Surely a good sign, in these termoiled times & at much higher levels then would be expected with the Xmas selloff in progress
Vote of confidence for sure"
Who you trying to BS. Big disappointment is more like it.
Their initial plan was for the following
20 million “flow-through” units at a price of $0.15 per unit, for maximum gross proceeds to Gold Bullion of $3 million.
Based on the limited interest in this stock the outcome was
Gold Bullion Development Corp. has raised gross proceeds of $2,434,560 at a first closing of its previously announced private placement by issuing 16,231,066 flow-through units at a price of 15 cents per unit.
Nobody interested in low grade open pit mine.