Great Bear Resources Ltd. GTBAF

RE:Lots of cheap warrants...will see run ups and sells

[touareg]

Exactly 69chevelleSS.. As CT has pointed out many times the co has enough cash to drill the berjeebers out of dixie for 2 years without any further dilution.. any suggestion of another financing it aint gonna happen.
I added more too early at $3, as usual lol, but no worries here.. surely won't be long now until next batch of results.. if they hit some strong grades on the deeper holes it's a game changer.

69chevelleSS wrote:

The fully funded expansion of the drill program by an additional 30,000 metres has an all-inclusive budget of approximately $5,600,000. The program will continue year-round. The Company currently has a cash treasury of approximately $12,000,000, and approximately $7,800,000 of in-the-money warrants priced from $0.20 to $1.75 expiring during 2019 and 2020, for approximately $20,000,000 on a partially diluted cash basis.
i believe the 20 cents warrants have expired.

 

Read more at https://stockhouse.com/news/press-releases/2019/04/01/great-bear-doubles-fully-funded-drill-program-from-30-000-m-to-60-000-m-will#BFuIYGwEFYGamQdy.99