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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

Comment by lumpy13on Jan 25, 2021 7:11pm
144 Views
Post# 32380551

RE:RE:RE:RE:Chris' Convenience Store.

RE:RE:RE:RE:Chris' Convenience Store.The flip side to your argument is they keep drilling, the stock price keeps moving sideways and somebody can pick them up for a 50-75% premium, the latter which doesn't reflect the real value.

They've done enough drilling that they should roughly know their current resource amount.  Even if they can define more with time, there is an increasing logic to come out with some initial hard numbers.

There are going to be a lot more twisted panty people if they get acquired cheaply. 
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