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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 curious924on Sep 03, 2019 12:14pm
147 Views
Post# 30090676

Chris has already said it seems like Hemlo

Chris has already said it seems like Hemlo
Chris has already said it seems like Hemlo. It may have been based in part on information he had that will just be made public now.  

Re a buyout, I think Chris is determined not to let any major steal it.  I am sure they have had many offers, or at least feelers, from majors, that he has rejected.   I will make a bold prediction. I doubt that Great Bear will be bought out for less than a valuation of estimated 20 million oz. at $450 an ounce.  That is $9 billion, about 32 x present price by my calculations. 

Any other conjectures? 
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