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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 Goaweighon May 13, 2019 2:13pm
150 Views
Post# 29741463

RE:RE:RE:This 20 million warrants will drivel the share to $1.75

RE:RE:RE:This 20 million warrants will drivel the share to $1.75On March 13 th we had 36,918,804 shares outstanding.
On May 1 st we had 38,172,584 shares outstanding.
The differance is 1,253,780 which must be warrants unless some options were also exercised.

Brain12 showed we had 7,628,298 warrants outstanding so we should be down to 6,374,518 now and of course our treasury is being replenished in the process.

With any good news we'll chew through the remaining cheap warrants with ease and those that remain have a higher strike price and an expiry that's further out so they'll be less of a drag going forward. 

A couple of good holes in the hinge zone during the next round and we'll be back to our old highs or even higher. 


U30LATE wrote: It would be nice to see how many warrants have been exercised since then. It wouldn't surprise me if many holders of cheap paper have already locked in profits.


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