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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

Post by vikinginveston Aug 15, 2019 4:04pm
190 Views
Post# 30033624

GRB Valuation

GRB ValuationI am waiting for $10.00/share. That would be leaning toward a 5M ounce resource. At that point I would consider selling half my holdings. Already paid for all my shares and more by selling a few at $4.00. This company has it all. Location. High grades. Good geologists. Good investors. Management appears very strategic about results. If they have 20-30M ounces and much of it is at shallow depths then this resource is worth a lot more than $10.00/share. More like $40.00. My opinion.
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