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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. > A 4-beer resource estimate on LP Fault
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Comment by captainpoobyon Nov 24, 2019 6:14pm
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Post# 30387679

RE:RE:RE:RE:A 4-beer resource estimate on LP Fault

RE:RE:RE:RE:A 4-beer resource estimate on LP Fault
Tminus1blkswan wrote: Captainpooby, I'm more than glad to be wrong in the in-situ price. Can you refer me to anything that indicates this $100-200/oz? Thanks


This is link from when gold was 1200 an ounce. Even lower numbers, like 35-40 dollars /oz.

https://www.kitco.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in-the-Ground.html

Having said that, Chris taylor mentioned in one presentation that GBR gold in the ground price is in the 100-150 range due to it's near surface location and proximity to infrastructure.

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