Two Company Update
Today was a day worth noting for two companies mentioned in these blogs.
Gold Bullion Development (CVE: GBB)
GBB posted a 10% gain on the day on a quick update out of the company (viewablehere). Officially, the Phase 2 Drill program is roughly half completed. Of significant note is findings near the previously discussed “Eastern Extension” by hole GR-10-17. The company has appropriately pegged the area as LONG Bars Zone 2. I expect the results from the Phase 2 drill program to be significant and I have nothing but confidence in the company. This stock is currently at an attractive level – I rate it aSTRONG BUY.

Natcore Technology Inc. (CVE: NXT)
As per my post yesterday, I mentioned that NXT was due for a correction after a significant rise in the share price. Today that correction came. I still am under the belief that the stock could correct to $1.00 before making new all time highs and I encourage buyers who have done their due diligence to accumulate stock around the $1.00 range. Significantly, NXT also posted a significant news release today – viewable here. The release describes how a crucial step in the development of the LPD technology has been achieved.

ASIDE: A baseball icon, George Steinbrenner, passed away today at the age of 80. Bloomberg’s chart of the day displayed the return on the Yankees franchise since his taking over (it is a penny stock specualtor’s wet dream!). The chart is displayed below:

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