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Bullboard - Stock Discussion Forum 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... see more

OTCQX:GTBAF - Post Discussion

Great Bear Resources Ltd. > Chris' Convenience Store.
View:
Post by askmetoo on Jan 24, 2021 4:32pm

Chris' Convenience Store.

The company's shares are only listed and traded on the junior Venture exchange with a relatively low daily volume. There may be some advantages having the listing on the V Exchange, however I can't see it. Chris should move marketing the company's shares from the Convenience Store to the Regional Malls (e.g. Toronto Senior & NY Stock Exchanges). The increased exposure
would pay for itself with volume and Share Price. Let's play in the Big League.
Comment by diabase1 on Jan 24, 2021 4:37pm
I said that months ago. However, my guess is that he doesn't want to list on the TSX or the NYSE, because he's going to sell the company. So why bother??
Comment by goldman88 on Jan 24, 2021 4:47pm
This post has been removed in accordance with Community Policy
Comment by skiesthelimit on Jan 24, 2021 11:01pm
All of a sudden everyone has their backs up against a wall. Because we dropped down to 12.75 to raise 70 million.  I would rather take another year to two years to drill the hell out of this property, than to create a resource estimate that's lacking in showing the bigger picture.  This property is very valuable!!!! Why come out with a half a** resource?  To please short term ...more  
Comment by lumpy13 on Jan 25, 2021 7:11pm
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 ...more  
Comment by EarlyRetirement on Jan 25, 2021 7:57pm
CT does not want an early RE and sale for $45CAD, they will drill the hell out of the property and sell for $75CAD minimum. Yep, CT will have been shocked by the poor sp performance to date, hence the raise and soon to be announced ramp in drilling. All GBR longs will be using this period as a buying opportunity, bought more today and will continue to do so at these levels...
Comment by goldman88 on Jan 25, 2021 8:54pm
This post has been removed in accordance with Community Policy
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