Great Bear Resources Ltd. GTBAF

As can be seen

[flashcash]

From the plan view there will be a core proven resource near surface with the rest as inferred and probable, looks like two open pits and the hinge/limb zones can be mined as a separate structure with a drift later on to underground mine the LP high grade spine. I wonder if they intertained the possibility of a joint venture for the hinge/limb structure, only needs a medium company really to help out the grade is that good.

https://greatbearresources.ca/news/great-bear-releases-seven-additional-near-surface-drill-holes-including-10.01-g-t-gold-over-34.85-m-and-15.68-g-t-gold-over/

[RazorRamone777]

flashcash, I agree with all you say but I do get nervous when you bring up J/V. I have recently been stung because of a J/V situation. Some time ago I invested in a (can't lose) situation with VSR. They made the unfortunate decision to J/V with a "medium company" IMG who has other irons in the fire and are in no rush to prove up their J/V resource. It also appears to me that they

[flashcash]

The hinge/ limb structure is different, they develop it and we develop the LP fault. We are happy and they are happy.

[RazorRamone777]

Great points flashcash, I trust this management team and have not lost one minute of sleep being concerned about their decisions, If they choose to go the route that you point out, I know it would be best for shareholder value in the long term. I can't understand why some are only concerned with driving up the S/P short term, unless of course they are being called on their margin accounts, or