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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

Post by Ivorygullon Jan 15, 2020 12:57am
180 Views
Post# 30554163

RE: RE:Revisiting share price potential

RE: RE:Revisiting share price potentialHey Cedarcottage, I'll be there to help you back up the truck, "left a bit, no your other left" LOL

So if we could get it up to 30 million before the buzzards swoop in, what do you think the share price could be? Could it go as high as three times what I'm suggesting our version of Malarctic and 10 million ounces went for ($79), which by the way was pretty close to the $67 from the guys who worked out the equation theory; in other words as high as $200-$240 per share, or is that just a crazy guess from an old guy wanting to finally make some money. LOL

Seriously though, is there a limit to what the majors will pay after a certain amount of ounces have been suggested, meaning that there is so much gold there, that they can't afford to pay what it is really worth and will only offer what they can, or want to, and should we accept a low bid if that was the case, or should we see if more than one major would buy at what the value should be, based on what I have implied.
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