Great Bear Resources Ltd. GTBAF

RE:Not too many companies give an update on remaining

[Goaweigh]

From what I can see there were 438,150 warrants or options exercised in late July but nothing since. We won't need money for at least 6 months or more and when we do McEwan and Cudney can write cheques without the need to sell stock to raise the money.
Don't think the warrants will be exercised until absolutely necessary, like maybe when we are taken over and the holders need to make delivery of the stock to get their $ 100 a share !

69chevelleSS wrote: Warrants such as GBR does on some of their company updates. Management here are some of the best and have a lot of skin in the game which is a tremendous reason they will be prudent and look after the amazing share structure they have.