Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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. > NSR...
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(34)
•••
Comment by lumpy13on Jan 09, 2020 6:39pm
347 Views
Post# 30536680

RE:RE:RE:RE:RE:RE:RE: NSR...

RE:RE:RE:RE:RE:RE:RE: NSR...My guess is that within a relatively short period of time a price will be established, with royalty companies likely driving the demand.  They invest in all stages of companies and, based on the data to date, will be able to estimate a value.  

Given that royalty companies value NSRs more than other investors (as the market values Royalty companies with higher multiples - given the optionality of the gold price and mine production), they should be actively buying to build up a position.  

Overtime, and assuming GBR's reserves, etc improve, the royalty will become more valuable and I would expect a royalty company to make an acquisition offer for all the NSR shares at a nice premium to the then current price.

There is a good chance in 1-2 years the 2% NSR spinoff could be equal to the company's today's current valuation.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities