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Great Bear Resources Ltd. GTBDF


Primary Symbol: 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 expand and infill nearby high-grade gold zones, as well as to test new regional targets.


OTCQX:GTBAF - Post by User

Comment by Hermodon May 03, 2020 2:32am
129 Views
Post# 30980588

RE:RE:RE:RE:Oh dear!

RE:RE:RE:RE:Oh dear!

You think that is viable in LP fault only? In these 5 km being drilled right now? 

I try to figure out how much money that would net us share holders, per share, but I dare not dream. Not yet. 

But if you are right (and I so hope that you are!), then I think GBR should stake out a claim around the current drilling operation and sell that part only, not entire Dixie. Because I want to see what is at the end zones of LP, and what might hide in the near surroundings. North fault has only been poked at. Could we find more areas like the Hinge Zone? Another LP perhaps? Hinge alone seems big enough for a decent mine operation, and imagine if GBR choose to mine it on their (our) own, and have the ore processsed at the plant running material for LP mine. Could be a neat source of income for us share holders.

Then let us not forget we got 3 other claims on our hands, all without any royalties attached to them. Yet. What will happen to those once Dixie (or parts of) is sold? 

Damn, NSR of 2%... They should have gone 3% LOL


Signed Hermod - English not my native tounge and spell check off so any of you spell check nitpickers, please do feel free to have a go. :P

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