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Great Bear Resources Ltd. 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. > Chat with Gwen
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Comment by allenbowon Nov 18, 2019 10:59am
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Post# 30364487

RE:RE:RE:Chat with Gwen

RE:RE:RE:Chat with GwenWhile I like your numbers which as a long you cannot help but like, they are misleading.  Producers in search of new deposits will only pay up to about $150 an ounce 'in situ' so that means about $4.82 a gram ‘in situ’. So in your 75,000,000 ton example, the gold in situ is 'only' worth 360 million, not 3.7 Billion.

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