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Great Bear Resources Ltd. GTBAF

Great Bear Resources Ltd. is a Vancouver-based gold exploration company focused on advancing its 100% owned Dixie project in Northwestern Ontario, Canada. A significant exploration drill program is currently underway to define the mineralization within a large-scale, high-grade disseminated gold discovery made in 2019, the LP Fault. Additional exploration drilling is also in progress to expand and infill nearby high-grade gold zones, as well as to test new regional targets.


OTCQX:GTBAF - Post by User

Post by RazorRamone777on Jan 24, 2021 9:41am
272 Views
Post# 32370456

There is no doubt that this deposit will be sold...

There is no doubt that this deposit will be sold...With the results so far, there is NO doubt in anyone's mind that this WILL BE A MINE! In order to get a fair price you MUST start with a 43-101 and just like other explorers you can continue to add to the existing 43-101, once you have one. This opens the door to all the institutional investors that are not allowed to invest without a 43-101. All this boring infill drilling MUST be completed to get a fair price, otherwise any buyout price would be based on inferred oz. rather than indicated or proven oz. If GBR were in fact going to build there own mine, why not start now? They proved last week that they can raise the money required, so why bother with the 43-101? With all this money they are raising I would like to see MORE DRILLS and move up the timing of the eventual sale.
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