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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 Goaweighon Dec 12, 2019 2:17pm
142 Views
Post# 30448815

RE:Buyout Deal structure

RE:Buyout Deal structureYou mean create another company, maybe call it GBR 2.0 ?
I think that's a brilliant idea !



Ignoranus wrote: CT stated that this could have a 50-60 year mine life. Given that the later years would be greatly discounted in a takeover valuation, wouldn't the following be a better deal for the shareholders? Break the property into two segments with 25-30 years of productivity; or three segments with 17-20 year mine lives? This should generate a higher total price because the mine life is not so far out that all of us, and the dealmakers, will be dead by the end of sixty years. It avoids the deep discount that will be applied to the later years. OK posters, shoot me down!


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