OTCQX:GTBAF - Post by User
Post by
Linemineron Nov 29, 2020 2:32pm
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Post# 31997104
MOVING FORWARD #2
MOVING FORWARD #2Didn't want to get this into to long of a RE, RE thread - goaweigh! Regarding spinouts? I'm no expert ! So only my guess - however in mining I've found there are "two breeds of cats"! 1) Explorers find a mine and move on! 2) Miners who OPERATE a producing mine and go home at the end of shift. I believe Chris and gang are in the first group! And they are proving up a "once in a lifetime" strike! From Madsen to Cochenour, including the Red Lake Mine is the existing E/W trending Red Lake gold "district"of 22 km in length! The Dixie is a 22.5 km NW/SE trending DISTRICT SCALE discovery which will be open pit because of gold values from surface . In Red Lake this is an anomaly - all other mines are U/G operations! My guesses 1) by 2022 - Dixie will be sold in the multiple capital B $$ range to an operator with open pit experience 2) Chris will ensure stockholder value !! 3) Great Bear may move to Pakwash or Sobel simply because of proximity, previously disturbed easy drill siting - drill, it- assess it, and either prove it up or sell it off 4) Something caught their eye on RLN ! - and 2/3 years from now with logging well advanced, improved access, easy EA and historic mining records - maybe next ? I'm glad I got in on this a discovery not this scale - what an incredible ride it is ! Overall, I believe sell offs of claims might happen, but probably not spin-offs.