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Great Bear Resources Ltd. GTBAF

Metals & Mining Gold
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

Great Bear Resources Ltd. > Potential Suitors.
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Comment by Dixielandon Jul 11, 2021 11:29am
240 Views
Post# 33527647

RE:RE:RE:Potential Suitors.

RE:RE:RE:Potential Suitors.the maiden resource will show anywher from 5-10M oz.  Tip of the iceberg . The amount of gold in this district play is well north of 20M Oz. And all the majors know this. The issue is that there will NOT be enough time to prove that up with in fill drilling. that's why the step outs to show this actually has potential to go 11+KM  for LP fault and then Dixie and Hinge.
This  area could be in  production for 50+ years. The open pit potential is a real bonus sweetener making this really economic. 
ALL  the majors know this 
The only way WE / Mgmt get value north of $40-50 is with a  bidding war between them !!!!  That's the play.   
who make the first move and when is anybody's guess 
hang tight. 


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