OTCQX:GTBAF - Post by User
Comment by
lumpy13on Jul 25, 2019 2:16pm
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Post# 29960360
RE:RE:RE:RE:The efficiency of GBR projects
RE:RE:RE:RE:The efficiency of GBR projectsStrongly suggest watching the June Corporate Update webinair, which can be found on the link below.
Chris starts speaking at the 15 minute mark and it goes for over an hour, with him discussing their different deposits, their drilling strategy and then taking questions from analysts.
Apologies if this was posted previously (as it was done in June) but it is quite revealing in understanding Chris's approach to developing Great Bear. Bottom line, given that their drilling keeps finding gold bearing ore (and different types of gold bearing ore) over such a wide area, the company's strategy (at least at this point) is to just keep drilling over the next few years. Until there is a better sense of how many areas on the property have gold ore, he's in no hurry to come up with with reserve and resource numbers as he believes it would understate GBR's potential. As shareholders, we'll need to be patient and in for a long ride (unless, someone jumps in with an acquisition offer.)
https://greatbearresources.ca/media/