Gold Bullion Development Corp : Gold Bullion announces Granada Royalty
4-traders (press release)
VANCOUVER, Dec. 4, 2013 /PRNewswire/ – Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company") or "Gold Bullion") announces that it is considering raising funds by issuing a new series of shares, to be called "Granada Royalty 

The recent low price in uranium which hit 8 year lows in 2013 may actually be the catalyst to look for higher grade and more economic uranium deposits in the Athabasca Basin in mining friendly Saskatchewan.  Higher cost mines are being shut down or delayed, however new uranium discoveries are receiving a lot of attention especially in the Athabasca Basin which is the highest grade uranium mining district in the world.

This low price in uranium is why Cameco, Rio Tinto and Denison have been buying junior uranium explorers in the Athabasca Basin trading at bargains. These assets are high grade meaning potentially lower production costs in a stable jurisdiction.  Smart money knows nuclear power is here to stay as there are more reactors operating and under construction now post-Fukushima than from before the once in a millennium natural disaster.

Even after Fukushima, the Athabasca Basin has been the one bright light in a resource sector covered with darkness.  Right after Fukushima, Cameco and Rio Tinto, both with billions of dollars of market cap went into a bidding war over Hathor.  Rio won with a bid of $642 million.  Eventually, Denison bought out Fission for their J-Zone asset next door to Roughrider making themselves a target for either Cameco or Rio.

Now, Fission’s new spin out is buying Alpha for $180 million for the new Patterson Lake South Discovery.  What does all this M&A activity in Athabasca uranium miners mean in a bear market in the resource sector?   Smart money is telling us that the Athabasca Basin represents one of the great areas to make wealth in discovery of uranium.

Look at the Athabasca Basin bellwethers such as Cameco, Rio and Areva whose share price has moved significantly higher to pay top dollar for the best discoveries in the Basin.

The Athabasca Basin is attracting capital that is looking for 10-20 fold increases. The key to invest in early stage exploration is to find the right people. Look for the best personnel who have proven track records of success in this area with this commodity.
Jody Dahrouge was instrumental in the discovery of Fission’s J-Zone Discovery which was bought by Denison and the Patterson Lake Properties where Fission and Alpha have made a massive discovery.

Jody is now the exploration manager for Lakeland Resources (LK.V).  Lakeland just announced an option agreement with another junior.  This will help the company increase the probability of a discovery without major dilution as the partner will spend $1.2 million over the next 12 months and $6.5 million over 48 months.  This will make Lakeland one of the more aggressive explorers in the Athabasca Basin with anticipated drilling beginning in the first quarter of 2014.

Lakeland’s share structure may be one of the best in the Athabasca Basin with close to 30 million shares outstanding. Close to 40% is owned by management and institutions. There is a very small float for retail investors.
When everyone was looking at the Eastern part of the Basin, Jody suggested to look west which was underexplored and Patterson Lake was discovered. Now Jody is telling Lakeland to go to the northern part of the basin for the next major discovery as this area has been totally neglected by explorers.

Lakeland has acquired a large land package across the Northern part of the Basin. Lakeland just announced that exploration is active on the Riou Lake Uranium Property located in the Northern Part of the Basin. They are doing the initial work for a winter drilling program in the first quarter of 2014.

Lakeland believes there will be strong news flow over the coming several months that could build significant value in this early stage situation. Although this is early-stage and ground floor, this company has the people, the properties and the share structure to potentially create a lot of wealth for uranium investors.  Lakeland should find support at the 200 day moving average.  Look for a cup and handle breakout at $.15 which could lead to a major move.

See my recent interview with Lakeland’s exploration manager Jody Dahrouge who is one of the best geologists in the Athabasca Basin.

Disclosure: Author/Interviewer owns Lakeland and they are a sponsor on my website.

For more information on Lakeland contact Roger Leschuk, Corporate Communications at

Ph: 604.681.1568 or TF: 1.877.377.6222

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Firstpost
Bullion smuggling outstrips narcotics to feed India's gold habit
Reuters
SINGAPORE/MUMBAI Dec 4 (Reuters) – Indian gold smugglers are adopting the methods of drug couriers to sidestep a government crackdown on imports of the precious metal, stashing gold in imported vehicles and even using mules who swallow nuggets 
Bullion smuggling outstrips narcotics to feed gold crazed IndiaFirstpost
Gold traders continue to pay near record premiumsReuters India

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Jutia Group
Avoid Regret: Accumulate Gold Bullion Now
Jutia Group
Take gold bullion, for example. I recently read a very interesting article stating that currently, 18 out of 31 Wall Street analysts expect gold bullion to fall this week, continuing their negative investor sentiment outlook on the precious metal. As
Gold Price 2014 Forecasts Slashed as Analysts Line Up to Declare "Decline & Fall"BullionVault

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Economic Times
Stocks Triumph for a Third Month While Bullion Tumbles
Bloomberg
Global stocks beat all assets for a third month in November, the longest winning streak since 2009, on signs that economic growth is accelerating. Commodities extended declines as gold fell the most since June. The MSCI All-Country World Index of
Asian Stocks Outside Japan Decline on Fed Tapering SpeculationBusinessweek
Stocks triumph third month in best run since 2009 as gold sinksThe Malay Mail Online
Global Stocks Chalk Up Best Run Since 2009Moneynews

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Coin Update News
American Gold and Silver Eagle Bullion Coin Sales Retreat in November
Coin Update News
2013-gold-eagle The United States Mint recorded lower monthly sales for their American Gold and Silver Eagle bullion coins when compared to the prior year period. The lower sales for the popular Silver Eagles do not seem to be an indication of lower 
Gold Price "Under Pressure" as Market Looks to US Jobs Data, Coin Buyers BullionVault
Gold Sales at Perth Mint Drop as Price Falls for Third MonthMoneynews

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La Jolla Light
Surge in Order Volume At Postal Bullion Due To An All Time Low In the Price of
Newsday
An overseas rally in the stock market has curbed demand for precious metals, leading to an all time low in the price of gold. This is causing a boom in order volume for both gold and silver at Postal Bullion. London, Uk (PRWEB UK) 28 November 2013.
Avoid the Black Friday Lines and Buy Gold Bullion InsteadLa Jolla Light
INDEPENDENT VIEWPOINT Weak gold prices an opportunity of a lifetime for Mineweb
Global Precious Metals Round-Up: US Silver Sees 4.6% DeclineMetalMiner

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Gold and Silver Blog (blog)
US Mint Runs Out of Silver Bullion Coins – Gold and Silver Coin Sales Hit
Gold and Silver Blog (blog)
roosevelt Long term proponents of sound money cannot seem to get enough of the U.S. Mint gold and silver bullion coins. Ever since 2008 the financial crash of 2008 many Americans remain profoundly skeptical of the paper dollar system backed by the


Times of India
Is This Digital “Gold Bullion” Investment Worth the Risk?
SmallCap Network
I'm sure many of you are asking yourselves, is this online currency for real? What does it really say about our financial system? But for those who are unaware, Bitcoin is essentially an online currency that is completely decentralized. Simply put, it
As bitcoin heads for gold price parity, are we really seeing gold 2.0?FastMarkets Metal News (blog)

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Software Tracks Search Term "Buy Gold Bullion": New Jersey Tops Poll
SBWire (press release)
According to the poll, “Buy Gold Bars” “Buy Gold Coins” Buy Silver Bullion” and “Buy Gold Online” are all search terms regularly typed into search engines by web users in the state of New Jersey. Times are still tough for many people, inflation is


Economic Times
Gold Bullion "Out of Favor" as Stocks Hit New Highs, Sterling Price Slumps 25
BullionVault
GOLD BULLION prices held at 4-month lows against the Dollar and Euro in London trade Friday, and headed for the lowest weekly finish in British Pounds since early August 2010. World stock markets rose meantime, extending 2013's 30% gain on the MSCI 
As demand eases, US gold stocks rise to 7-month highReuters
Gold posts biggest weekly loss in two months on Fed uncertaintyEconomic Times
OPTIONS PLAY: IF YELLEN STARTS "YELLEN" WHAT WILL GOLD DO?Inside Futures
Livemint
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Similar to Peyton Manning and Joe Montana, uranium is making a great fourth quarter comeback after many fans have already left the stadium.

I highlighted in this article at the end of October that the high volume coming into the uranium miners may have forecasted a turning point.  Since that time the uranium spot price has had consecutive weeks of positive price performance and may beginning to make a major move.  I urge you to pay attention to the uranium spot price as evidenced by Uranium Participation Corp (URPTF) as it begins to creep above the 200 day moving average.  Uranium Participation is outperforming the S&P500 in November up over 13% while the S&P500 makes a 2.5% move.

The uranium miners should begin outperforming to the upside as well.  In addition to the article, I recently discussed in an audio interview with Palisade Capital at least seven reasons why the uranium sector could soar mirroring the 2007 melt up where uranium hit $135/lb.  In addition, I wrote an article, “Will The Uranium Price Make a Fourth Quarter Comeback?” in early October outlining at least seven reasons why the uranium price should see positive price momentum.

1)The toxic air pollution in China and India is killing people and it’s driving demand for clean nuclear energy and rare earths.

2) Oil rich countries like United Arab Emirates and Saudi Arabia are making a huge statement investing in nuclear to reduce their dependence on fossil fuels.

3)Countries have recently lifted bans on uranium mining and building reactors after decades of moratoriums.

4)Cameco (Bellwether large uranium miner) shocked markets recently by posting a profit, even with uranium at 8 year lows.  Imagine how Cameco could perform with uranium at higher prices.

5)M&A in the uranium sector has been exceptional over the past two years.  Fission, Denison, Energy Fuels, Uranium One…

 6)The ending of the Russian HEU megatons to megawatts program.  This provided the U.S. with cheap uranium from Russian nuclear warheads for 20 years.

 7)There are more nuclear power plants under construction now, than there were before Fukushima.  The world is realizing that we need nuclear power for clean energy.

In conclusion, watch these three junior uranium mining stocks as we end 2013.  We may be watching a great fourth quarter comeback in some of these high quality junior mining shares.

1)The ending of the Russian HEU Megatons to Megawatts program will require new U.S. uranium mines to cover the 24 million pound shortfall.  This junior uranium miner is constructing a mine in the Powder River Basin in Wyoming.  They control a huge and strategic land position around Cameco and Uranium One.  The management team has decades of experience in licensing, constructing, financing and operating uranium mines.  Unlike so many other juniors they should start seeing revenue and sales as they have contracts with some of the largest U.S. nuclear utilities at higher prices.

2)More than 300 million pounds of uranium were mined in this district by Rio Algom and Denison Mines.  It was once known as the Uranium Capital of the World and was the only area that commercially produced heavy Rare Earth Oxides in North America.    These mines were closed down in the 90′s when critical rare earths were unknown and uranium was trading below $20 a pound.  Could a rebound in uranium and rare earth prices revive this historic uranium and rare earth district?

 

3)The Athabasca Basin is attracting major capital as it is one of the only areas in the resource space where junior explorers are raising capital after recent richly priced takeovers.  These speculative funds are looking for 10-20 fold increases.  The key to invest in early stage exploration is to find the right people and geologists.  Look for the best explorers who have proven track records of success in the Athabasca Basin.  See this exclusive interview with this famous geologist who was instrumental in the discovery of Fission’s J-Zone Discovery which was bought by Denison and the Patterson Lake Properties where Fission and Alpha have made a massive discovery.

I will be moderating a panel on Tuesday November 26th from 11:49-12:33PM at the San Francisco Metals and Minerals Conference with the smartest analysts in the business Jay Taylor, Mickey Fulp and John Kaiser.  The topic will be exploration trends.   To find out about attending the San Francisco Metals and Minerals Conference on November 25th and 26th click here.   Hope to see you there!
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The Guardian
Panning for gold: hidden bullion found in Indian plane's toilet
The Guardian
Two lunchboxes hidden in the toilets of a Jet Airways plane triggered first a bomb scare and then a smuggling probe as the tins were found to contain 12 gold bars each, a senior customs official said on Wednesday. The Jet Airways plane had arrived at 
Smuggled gold hoard found on plane in IndiaNew York Daily News
Lunch box bomb scare turns into bullion chaseFinancial Express

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