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Great Bear Resources Ltd. GTBDF


Primary Symbol: 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

Post by GMAN100on Jan 08, 2020 2:31am
266 Views
Post# 30529295

And about the NSR...

And about the NSR...

I don't agree the NSR will take off hot. I'd like to be wrong, but the stock went down a bit when it was announced in Oct. Once it starts trading I give it 25-50 cents after it settles unless the stock gets a lot hotter.

Logically since it's value is currently baked in the stock price, when it separates GBR should take a hit downward for the implied value of the NSR. After all it's not any different than going Ex Dividend. 

So if you think it's worth $2, You better expect GBR to drop $2!

Go ahead, make my day! Humour me with why I'm wrong.  

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