Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by skiesthelimiton Apr 29, 2020 8:35am
278 Views
Post# 30965263

The way I see it

The way I see itIf we produce 500k ounces a year and our share float stays the same. The share holders of the nsr as a whole will receive 10k ounces. Which equals to .000209 of an ounce per gbr share. If you own 10k shares of gbr ( then being spun out to the Spinco ) you will get 2.094 ounces a year. Which equals 4996 cdn $ a year.  Which would be a nice yearly pay for just owning the nsr. Really hope we go into production. 
<< Previous
Bullboard Posts
Next >>