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Great Bear Resources Ltd. GTBDF


Primary Symbol: 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. > What does it mean?
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Comment by Chad005on Oct 24, 2019 12:43pm
201 Views
Post# 30265081

RE:RE:RE:RE:RE:RE:RE:What does it mean?

RE:RE:RE:RE:RE:RE:RE:What does it mean?Here is a NSR explanation from Franc-Nevada.  If you are too lazy to read it.  Basically you get 2% of the gold value before any significant expenses.

At current gold prices that would be 29$ish times how many oz’s you think are in the ground.  Divided by 50 million is shares.  Multiply that by how many shares you own....

I hope that number makes you smile.  :)

https://www.franco-nevada.com/our-assets/terms-explained/default.aspx

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