Great Bear Resources Ltd. GTBAF

Metals & Mining Gold

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

Great Bear Resources Ltd. > Going to very huge at the end

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Comment by Goaweighon Sep 04, 2019 7:22pm

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Post# 30096278

RE:RE:Going to very huge at the end

Management for one because of how options are awarded and quite possibly the rest of us because as the stock rises it becomes less attractive to retail and to some degree less liquid for institutional buyers.
The theory being a cheaper stock is more attractive to retail while a larger share base provides better liquidity and is therefore more attractive to Institutional buyers. However in the webinar Chris noted that the 40 % retail / 25 % Institutional split was slowly changing and although I don't believe he gave a new split the Institutional guys are buying while retail base is selling and that will probably continue.
So the conversion process is happening regardless of a split. It's just a theory but others have done it without any negative consequences that I'm aware of.
Certain Chris has plenty of very good advisers and will do whatever is best for all. !