OTCQX:GTBAF - Post by User
Comment by
NestStepon Sep 04, 2019 6:56am
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Post# 30093249
RE:Chris has already said it seems like Hemlo
RE:Chris has already said it seems like Hemlocurious924 wrote:
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?
no offence, and agree that this looks like a huge discovery
congrats to all that gotten in early.
But:
You really think Takeover Value gonna be higher than those of Voiseys Bay
i highly doubht that!
cheers
NestStep