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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 captainpoobyon Jan 15, 2020 6:10pm
148 Views
Post# 30557849

RE:RE: RE:RE: RE:Revisiting share price potential

RE:RE: RE:RE: RE:Revisiting share price potentialNobody is saying someone won’t pay more than $100-200/ oz but that isn’t the norm. And malartic was a producing mine when they were bought out and had already invested 1B dollars into the mine. A producing mine is worth a lot more than a bunch of claims and a map.

its within the realm of possibility that someone offers 4 or 5 billion dollars for GBR but I think that’s more dreaming than reality. A worst case scenario could happen, someone could buy it for a song and I don’t want to be caught out wishcasting myself into the poorhouse. I’m still buying shares. I bought some today as a matter of fact. I think this stock is, at the very least, the very LEAST, still going to double from here. My minimum calculations tell me it’s probably worth more a lot than that.
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