Great Bear Resources Ltd. GTBAF

Kudos to CT

[Lineminer]

In Ivorygull's analysis (perhaps little noticed) --- is the tight GBR share structure - inflated @ 62 million shares - tight - small, high value for an explorer !! --- bottom line - each of us with an interest will be 3 X richer per share - than as investors in a company with 200 Million shares out there! --- following the Great Bear - Dixie story - this low share volume has always been one of Chris' bywords - and I believe he deserves a great deal of credit for this "value to stockholder" attitude ! Thanks Chris , thanks Ivorygull ! Arguably, GBR has drilled more metres for less money than any other major miner or exploration company in Canada over the past 20 months ! Of course - they're hitting "pay" at surface - which helps ! --- good luck to all of us !!

[Ivorygull]

OMG lineminer, please don't thank me next to saying thanks to CT!!!! I'm glad that you found my ramblings useful but it's CT, Bob and the gang that have done everything. I just spewed out some numbers.

[Ivorygull]

You did ask in a couple of previous posts about the sale of Battle North to Evolution Mining and what I thought. So here is my take.   First it's way above my pay grade to comment on the economics of a mine and the NPV, AISC etc etc. But this is what I have seen from the sale.   It is very close to us. It was bought out by the company who now owns the Red Lake Mine. According

[Lineminer]

All true - and all good - Battle North pricing seems to strengthen your analysis of possible projected pricing of Dixie ??? - All the best !

[Lineminer]

Ivorgull ! - Take credit when due - sir! Very considered, very knowledgeable, - one of the most credible evaluations - truly ! - certainly as regards mining generally and specifically to an individual project as I've seen on any BB - I especially like that you undervalue the high (revenue) side - and "inflate" the cost to the "final" - production side - that is realistic

[Ivorygull]

Right on. That's a nice price to be in at. My average is $8.33, so I'm sure we'll do well......as will all the other longs that stay till the end.

[Lineminer]

Yeah - that was early - I'm small - kinda know my limits - and overall - my average with top-ups is probably in the $8.50/9.00 range as well! Happy with that ! Nice - to have a target pricing which seems considered and realistic - if it goes higher Woo Who !!