Great Bear Resources Ltd. GTBAF

They have tightened up the grid drilling over the area

[Goaweigh]

with the best grades found so far and I suspect they'll accelerate that now to grid drill at least 400 meters and come up with a prelim resource and maybe start making noises about early smaller scale production. A series of news releases giving results like the last batch, which we know are coming, and then demonstrating that we are considering an early production scenario by hiring a seasoned exec with mine building experience and the stock will move much higher. Yes I sound like a broken record on this but have they done it yet ? .... No !
Is the stock in the shitter ?  ...Yes !
So WTF, Get on with it !

We should be able to drill off a 4,000,000 Oz. resouce pretty quickly, or certainly something approaching that and use it as a model.

A grid 100 ( strike ) X 100 ( wide ) X 400 ( Deep ) X 2.5 Gravity X 3 grams = 1,000,000 Oz.

Produce the tight grid drilling data for 100 meter panels and a F'ing chimp can do the math and figure out where this is going.
And again ...even if it's a bit early, hire a SVP Engineering/Development if for no other reason than optics....goodness knows everything we've been doing so far is for the optics, trying to get the price higher to avoid an early takeover situation but that concern doesn't seem valid anymore and our promotional strategy isn't working and we're in the dog house doing huge raises at prices that are 35 % to 50 % below where we would like them to be.
So maybe time for a differant approach and hopefully that's where we're heading now.

[RazorRamone777]

Drilling a small area proves NOTHING other than what is in that small area. You cannot assume you will have the same in the next small area. The resource needs to be proved up through indicated (proven) and inferred catagories just like every other mineral resource. if you just prove up a small area, then ask for 10X what that small area is worth, wouldn't the purchasing company want some kind

[Goaweigh]

Did I say sell it ? No I'm simply suggesting an alternative method to getting our stock price higher, by proving up, at a minimum, a significant resource in one area. My example being a preliminary resource of 4,000,000 Oz. in an area of 400 meters, or possibly less if the grade is higher than 3 grams. As I've said before PGM has a resource of only 2,000,000 Oz. and a market cap of $ 890

[goldman88]

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