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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 GMAN100on Dec 24, 2019 12:57am
149 Views
Post# 30486582

RE:Getting the most for GBR

RE:Getting the most for GBR

I understand where some of you are coming from on splitting the property up, but I don't agree. Here's why;

First, big miners want large deposits. The bigger the better. Split it up into 3 mines and you INCREASE production costs above what one mine could achieve. 

As to WGO, its a different animal and hasn't done much really. Bought some and sold it at a small loss. It's worth half today what it was 2 years ago. They have a massive property and the various deposits are not by their geographic location ever going to be one mine so yes Shawns plan to develop and sell them one by one makes sense there, but it doesn't relate to GBR. WGO also hasn't found enough gold yet  

Chris Taylor has done a lot more for GBR shareholders. Not the case for WGO shareholders ... yet anyway. 

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