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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

Comment by GMAN100on Jan 18, 2020 11:11pm
204 Views
Post# 30570215

RE:RE:RE:RE:Metals Investor Forum part one

RE:RE:RE:RE:Metals Investor Forum part one

Agree it's a good question. My intuition is that will depend on the offer and may be a negotiating point. 

Real producers are not all that interested in exploring. Especially other properties. Historically they haven't all done that good a job finding all the gold around their existing deposits, hence the recent rebirth of old dormant mines. And yes I get that gold price may be a part of old mine rebirth  

I suspect they could make a couple of offers, with and without the other properties. They may try and get a nice discount by leaving these with GBR, and we would hope GBR has the best understanding of potential in deciding what to do. Also, one is already optioned to Goldon I think, so that would need to be factored into the equation - would that option go with the sale, or stay with the other properties as another NewCo (new GBR).  If you get the chance to ask maybe work the Goldon Option into the other properties question as it is really all one and the same. 

Thanks to all for good discussions.  Even if we all say a lot of the same, a few good shares and questions goes a long way to preparing for the options we may be presented with. Nice to have good options!

Summary - I predict the answer is,
"it depends."

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