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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. > Hostile takeover...
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Comment by captainpooby1on Jan 15, 2020 10:00am
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Post# 30555038

RE:Hostile takeover...

RE:Hostile takeover...There are several ways but in the case of GBR it would probably happen this way: The hostile company goes to GBR and says we'd like to buy you for 15 dollars per share. GBR board says no thanks.

Hostile company then goes directly to shareholders and says I'll buy your shares for 15 or 16 or 17 dollars per share. If enough shareholders say yes then the hostile company buys a controlling interest in the company.

There are ways to defend against it.
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