Great Bear Resources Ltd. GTBAF

The Blobs are coming in to focus !

[Goaweigh]

The key take away from Chris's recent conversations is that we are finally going to start releasing data in batchs that are large enough to enable everyone to calculate tonnage and grade for a given section. This is what we've been waiting for and it's going to finally put into focus what has been, up till now, just two grey blobs on a slide with a gap in between.
It made for fun back of the envelope calculations but really wasn't of much value.
Now we will start to see data for maybe 10 holes at a time and all in one area which will  demonstrate that indeed eveything does hold together and those blobs will begin to come out of the mist and start to look like honest to goodness ore bodies. 

This is where the race really begins in earnest because the majors will see everything more clearly and it will finally be presented in aweigh that they can actually act on. Up until now it was all too misty and the only people able to act on it were us retail types and only very recently, a few small resourse funds.

So now we are in a race to get the data out in such a way that the story is so compelling that it causes more institutional players to start piling in and moving the stock price up before the majors can get their heads around making an offer.
Although I say that, I'm still not entirely convinced that a God Father offer is realistic because I think majors are gun shy after making so many bad aquisitions over the years and they would rather pay more for proven resources than buying one that looks great on the surface but may not prove up as hoped for later on. 
Just about every major has blown one foot off making unfortunate buys or making large expansion decisions before having all the info or kinks worked out so I think they are still cautious. Recent takeovers like Detour are happening  because they are very well understood operations and have years of life so using them as examples doesn't really fly. Add into the concern may be the Rubicon disaster just up the street so that may be a reason for a pause too.

But I see this as a good thing, I'd much rather be paid for 20,000,000 Oz. this time next year than 2,000,000 Oz. this time next month !

New highs are on the aweigh !