RE:RE:RE:News today ? I met Chris Taylor at the MIF in Vancouver a couple of weeks ago. I had a few questions for him.
1. Is there a future tipping point of institutional investment?
C.T. Yes, you have to remember that institutions have rules around what they are allowed to invest in. As our price increases, there will be much more institutional buying.
2. In the webinar last week, Bob Singh mentioned there are fifteen more targets, can you confirm that?
C.T. (Smiling and chuckling slightly), there are many more targets. You may have seen estimates from analysts of 1.5 million ounces. Ignore them. Wait until we start linking up some of these high grade zones.
3. Do you feel like you are part of mining history, isn't this crazy exciting for you personally? I hope you are taking care of yourself.
C.T. Last night I fell asleep in my clothes. I participated in the financing from the start. Most exploration companies don't have a guy like me in this position, they usually give someong millions of shares for next to nothing because they can attract financing. I have all my own money in the company, my original shares were consolidated 100 to 1, I participated in every financing from ten cents to five dollars and fifty cents. My friends are in it with me and I will not sell out early.
After that conversation, I talked to Gwen Preston who is the newsletter writer that presented Great Bear at an earlier forum. She has followed the company since the thirty cent mark. I spoke to her about my investment and she stared at me and said up until the webinar, if you said you were going to buy or sell, I would say do what you like. As of this past week, don't sell a single share. This is going to $40.
Hopefully we get consistent news flow going forward. GLTA.