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Great Bear Resources Ltd. GTBDF


Primary Symbol: 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 Sep 16, 2019 5:21pm
220 Views
Post# 30132998

Who is dumb enough to sell and warrants?

Who is dumb enough to sell and warrants?Maybe ask who is smart enough to sell. There are approx. 8.5 million in warrants and options (as of Aug 7th). Full dilution is $51MM. Some of these are cashable for a 500% profit. don't blame them if they choose to. Gives shorters some tremendous leeway also. You and I may not be selling our shares to risk an extra profit strategy but a lot of others have had this stock in their sights for over a year and are playin' it. If results like we are used to keep coming, everyone knows where the share price is going. Honestly I am just chuckling and smiling right now. May sell some soon. Have to take some profit sometime. Have fun with it.
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