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Great Bear Resources Ltd. GTBDF


Primary Symbol: 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. > 2.0M FT Shares Coming Free on the 4th of November...
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Comment by Goaweighon Oct 30, 2019 8:02pm
203 Views
Post# 30289386

RE:2.0M FT Shares Coming Free on the 4th of November...

RE:2.0M FT Shares Coming Free on the 4th of November...Thanks for the reminder, we have some warrants expiring in December too.
As more and more Institutional investors start to get their heads around todays news and this play in general, we'll need extra liquidity to help meet demand and as it's unlikely we'll be financing anytime soon, the free trading flow thro and expiring warrants could help.
With only 42,000,000 shares issued of which maybe 10,000,000 are available at any given time, if even that much, any big buy orders will move the stock higher pretty quickly.
We need a catalyst and todays news may be it although with such a short trading day it's difficult to know.
Sometimes it takes a day or two for the wheels to start turning, analysts to analyse, news letter writers to write etc.
We'll see but I don't think there's anything in that last release that implies the stock is a sell that's for sure.  
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