Great Bear Resources Ltd. GTBDF

Primary Symbol: 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. > Great Bear Royalties spin-off of shares May 4 after close

<< Previous

Bullboard Posts

Next >>

Comment by lechmeiron Apr 28, 2020 10:12pm

199 Views

Post# 30964630

RE:Great Bear Royalties spin-off of shares May 4 after close

"Can anyone explain the logic of not being tradeable? "

Yes. CT has said that the royalty won't see any cash for quite some time, and the structure they've chosen is considerably less expensive to run on a year over year basis. I don't know enough to agree or disagree. I'm simply reporting what he said.

I gotta say though, he's done ok by me so far. So there we have it.