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Great Bear Resources Ltd. 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

Comment by Canuck11on Nov 17, 2019 3:45pm
226 Views
Post# 30362099

RE:Chat with Gwen

RE:Chat with GwenThe company is in a race against the clock; the real question is how much time do they have to prove up a large enough resource estimate before the price of gold takes off. From a seasonality perspective, we are entering the time of year when gold normally increases in value, but on a more global scale, what is the catalyst that sets off the next gold bull run. The timing issue is the risk the majors will encounter when considering when a decision point on the scale of this deposit is realized through exploration vs the rise in price of the commodity. These are conditions that place GBR in the sweetspot. No point speculating on the timing, just important to recognize the dynamics that are currently in play.    
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