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Great Bear Resources Ltd. 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 Jul 23, 2019 4:05pm
80 Views
Post# 29952342

RE:RE:RE:RE:RE:RE:RE:RE:RE:Look at these tiny specks of "fools Gold." dkm..

RE:RE:RE:RE:RE:RE:RE:RE:RE:Look at these tiny specks of "fools Gold." dkm..If the market cap were significantly higher, let's say double , then I might agree but it's still very low on a fully diluted basis and considerably lower on a stock issued basis. And then when you factor in how small the float is you can understand why the stock moved up quite easily.
There are so many other factors at play here and every one of them is superior to any other deal I can think of. Most deals have warts : difficult physical location, difficult political location, limited drilling season, too much stock outstanding, too many warrants, no successful  shareholders with very large positions, no money. 
This deal checks every box, I can't think of a single item that is the least bit negative and in fact in my view it's still cheap.
This is a very rare animal indeed.
Of course it is possible that our last 50 holes hit all the gold we'll ever hit and all of the remaining 120 will be dusters, possible but unlikely.
This is what a World class discovery looks like and if you don't think this is the way they should look then please tell me how they should look !



666God wrote: You can make as many hysterical insults as you wish, it only displays your weakness.. You result to insults when you're nervous. Bottom line, fib levels need to be tested, and this company is clearly trading on irrational exuberance & possibly insider trading.


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