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A Golden Outlook

                                         for the Gold Industry

Interview with: Frank Basa,              fundamental that anyone getting in           Management responsiveness            is
Chairman & Chief Executive               early, as the smartest investors tend        another key issue.
Officer, Gold Bullion Development        to do, will stand to profit more. So
Corporation                              some patience is required. We see            What do gold investors tend to
                                         Gold Bullion as a stock to hold and          overlook?
                                         believe that those who do so will be
Nobody knows what the future will        rewarded in due course.                      They may overlook the jurisdiction.
really bring, but a “higher gold price                                                For example, Quebec is a very mining
would not be a surprise”, says Frank     Why?                                         friendly place, probably in the top
Basa, Chairman & Chief Executive                                                      three in the world. Investors need to
Officer, Gold Bullion Development        It takes time to prove up the size and       look at what can happen in places
Corporation.                             the economics of the resource we             like Venezuela, never mind in Africa
                                         think is there. In 2012 we will hit a        or other parts of the world. It is easy
From an exploration mining firm          milestone with the first 43-101              to overlook the reality that cash-
participating in the marcus evans        compliant estimate and then go from          starved third world countries can on
Elite Summit 2012, taking place in       there.                                       a whim nationalise promising assets,
Montreux, Switzerland, 30 May - 1                                                     just at the point when investors are
June, Basa talks about how the           How does gold compare against                about to profit.
private     wealth    management         other asset classes, including
industry can prosper with gold asset     minerals?
investments.

What will 2012 bring for the gold
                                         From my view only, gold is unlike any
                                         other investment, since historically it
                                                                                            What other
industry and the price of gold?          has been money. Silver too. That is
                                         the difference. As governments get               asset has had
Based on recent history, a higher
gold price would not be a surprise.
                                         into debt trouble and print money, it
                                         causes inflation and that eventually             such a record
Consolidation and the purchase of
quality assets by large gold
                                         shows up as a rising gold price.
                                                                                           since 2000?
companies makes sense too. At some       What should investors consider
point in 2012 the undervalued junior     when choosing assets to invest
sector as a whole could catch fire.      in?
                                                                                      How can gold immunise a
The price of gold has gone up 10 or      There are many factors to consider,          portfolio    against market
11 years in a row; I like that trend.    including whether they are seniors,          fluctuation?
What other asset has had such a          m id - ti e r p ro d uc ers o r j u n i or
record since 2000?                       explorers. For companies like ours,          Most investment gurus suggest
                                         individuals should look at the upside        holding ten per cent of a portfolio in
Is patience a quality that gold          potential based on the quality of the        gold or related assets. If we say a
investors in particular should           properties. We have had excellent            market crisis is a currency or a
hold?                                    results recently with high-grade hits.       country collapse, or a banking
                                         We are also well financed, and have          default, the argument that gold is
All investors need patience regardless   made changes, where required, to             money and a safe haven makes
of the type of investment. It is a       move things along more quickly.              sense.
About the Elite Summit 2012
  The Investment           Network       –
  marcus evans Summits group
                                               This unique forum will take place at the Fairmont Le Montreux Palace, Montreux,
  delivers peer-to-peer information
                                               Switzerland, 30 May - 1 June 2012. Offering much more than any conference,
  on strategic matters, professional
                                               seminar or trade show, this exclusive meeting will bring together esteemed thought
  trends       and      breakthrough
                                               leaders in private wealth management and market leading asset and fund managers
  innovations.
                                               for a highly focused and interactive networking event. The Summit includes
                                               presentations on every aspect of the family office space, from the latest asset
                                               allocation trends to building comprehensive technology platforms and managing
                                               family dynamics.


                                               www.elitesummit.com


  Please note that the Summit is a
  closed     business   event     and   the
                                                 Contact
  number      of   participants    strictly      Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus             evans, Summits
  limited.                                       Division

                                                 Tel:       + 357 22 849 313
                                                 Email:     press@marcusevanscy.com


                                                 For more information please send an email to info@marcusevanscy.com

                                                 All rights reserved. The above content may be republished or reproduced. Kindly
                                                 inform us by sending an email to press@marcusevanscy.com




About Gold Bull Development Corporation

Gold Bullion Development Corp. is focused on building shareholder value by taking a fresh approach to former producing mines.
The exploration of the 100%-owned, past-producing, 11,000-hectare Granada property along the Cadillac Trend, is on track with a
Baseline Environmental Study and a preliminary NI 43-101 Resource Estimate expected by the spring of 2012.


For more information: www.goldbulliondevelopmentcorp.com


About marcus evans Summits

marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings.


For more information, please visit: www.marcusevans.com


Upcoming Events

APAC Investments Summit - www.apacinvestmentssummit.com


European Pensions & Investments Summit - www.epi-summit.com


UK Pensions & Investments Summit - www.ukpensions-summit.com


Private Wealth Management Summit (North America) - www.privatewealthsummit.com




To view the web version of this interview, please click here: www.elitesummit.com/FrankBasa

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A Golden Outlook for the Gold Industry - Interview with Frank Basa, Gold Bullion Development Corporation - Elite Summit

  • 1. A Golden Outlook for the Gold Industry Interview with: Frank Basa, fundamental that anyone getting in Management responsiveness is Chairman & Chief Executive early, as the smartest investors tend another key issue. Officer, Gold Bullion Development to do, will stand to profit more. So Corporation some patience is required. We see What do gold investors tend to Gold Bullion as a stock to hold and overlook? believe that those who do so will be Nobody knows what the future will rewarded in due course. They may overlook the jurisdiction. really bring, but a “higher gold price For example, Quebec is a very mining would not be a surprise”, says Frank Why? friendly place, probably in the top Basa, Chairman & Chief Executive three in the world. Investors need to Officer, Gold Bullion Development It takes time to prove up the size and look at what can happen in places Corporation. the economics of the resource we like Venezuela, never mind in Africa think is there. In 2012 we will hit a or other parts of the world. It is easy From an exploration mining firm milestone with the first 43-101 to overlook the reality that cash- participating in the marcus evans compliant estimate and then go from starved third world countries can on Elite Summit 2012, taking place in there. a whim nationalise promising assets, Montreux, Switzerland, 30 May - 1 just at the point when investors are June, Basa talks about how the How does gold compare against about to profit. private wealth management other asset classes, including industry can prosper with gold asset minerals? investments. What will 2012 bring for the gold From my view only, gold is unlike any other investment, since historically it What other industry and the price of gold? has been money. Silver too. That is the difference. As governments get asset has had Based on recent history, a higher gold price would not be a surprise. into debt trouble and print money, it causes inflation and that eventually such a record Consolidation and the purchase of quality assets by large gold shows up as a rising gold price. since 2000? companies makes sense too. At some What should investors consider point in 2012 the undervalued junior when choosing assets to invest sector as a whole could catch fire. in? How can gold immunise a The price of gold has gone up 10 or There are many factors to consider, portfolio against market 11 years in a row; I like that trend. including whether they are seniors, fluctuation? What other asset has had such a m id - ti e r p ro d uc ers o r j u n i or record since 2000? explorers. For companies like ours, Most investment gurus suggest individuals should look at the upside holding ten per cent of a portfolio in Is patience a quality that gold potential based on the quality of the gold or related assets. If we say a investors in particular should properties. We have had excellent market crisis is a currency or a hold? results recently with high-grade hits. country collapse, or a banking We are also well financed, and have default, the argument that gold is All investors need patience regardless made changes, where required, to money and a safe haven makes of the type of investment. It is a move things along more quickly. sense.
  • 2. About the Elite Summit 2012 The Investment Network – marcus evans Summits group This unique forum will take place at the Fairmont Le Montreux Palace, Montreux, delivers peer-to-peer information Switzerland, 30 May - 1 June 2012. Offering much more than any conference, on strategic matters, professional seminar or trade show, this exclusive meeting will bring together esteemed thought trends and breakthrough leaders in private wealth management and market leading asset and fund managers innovations. for a highly focused and interactive networking event. The Summit includes presentations on every aspect of the family office space, from the latest asset allocation trends to building comprehensive technology platforms and managing family dynamics. www.elitesummit.com Please note that the Summit is a closed business event and the Contact number of participants strictly Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits limited. Division Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com About Gold Bull Development Corporation Gold Bullion Development Corp. is focused on building shareholder value by taking a fresh approach to former producing mines. The exploration of the 100%-owned, past-producing, 11,000-hectare Granada property along the Cadillac Trend, is on track with a Baseline Environmental Study and a preliminary NI 43-101 Resource Estimate expected by the spring of 2012. For more information: www.goldbulliondevelopmentcorp.com About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events APAC Investments Summit - www.apacinvestmentssummit.com European Pensions & Investments Summit - www.epi-summit.com UK Pensions & Investments Summit - www.ukpensions-summit.com Private Wealth Management Summit (North America) - www.privatewealthsummit.com To view the web version of this interview, please click here: www.elitesummit.com/FrankBasa