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Great Bear Resources Ltd. 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. > re how big this thing is
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Comment by goldminer1956on May 09, 2020 12:23am
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Post# 31006211

RE:RE:RE:RE:RE:re how big this thing is

RE:RE:RE:RE:RE:re how big this thing isgood work.   at 25.3 Million(M) ounces, I believe properties go for $155 proven and probable oz, so 
25.3 M x $155US=$US3.9Billion / 50Million shares = $US 78 per share.
whomever sold this property to us can redeem themselves by buying this thing before GBR drills the whole monster and finds 60M ounces.
variables  forecast s of gold going to $3000/oz, how deep will this gold go, probably 1.5 km
strategy  sit on our shares, i have 7000 or so, prepare for a ,big drop in the market when Wall Street realizes it isnt business as usual next week with the economy. I would double my position if the market panics again. 
then wait a year or two, by then the bidding war will be underway, we sell and voila...
are we missing something? 
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