Great Bear Resources Ltd. GTBDF

RE:RE:Anyone care to speculate with me as to why investors are

[Ivorygull]

I don’t think your dream is greed Hermod.

 

If it had been only a ‘typical deposit’ of say 400 metres and your dream was to have 10 of them, maybe that could be seen as being greedy, but this is already 10 times the size of that typical deposit….just for the small piece we are delineating now. So it just makes sense to dream as more than one. 

 

This is District Scale, like finding ten mines all at once. That means District size dreams.

Hermod wrote:

I know way too little about the mining industry to say that I know anything, but I have learned a few things about investors over the years. One thing is that you do not normally see big money pouring into projects in huge chunks like this until the investors know for certain they are betting on a winner. There is a reason why bigger investrors hold off until the path is clear. It is called risk assessment. 

I am not saying that buying into GBR today will net you x10 in return. But I do believe that we could be not that far from it. In my dreams I am just being daft and we will se several x10 sales over a couple of years - but I do not want to come across as if I am greedy. 

 

Goaweigh wrote: prepared to write cheques for $ 33 Million at $ 11.00 net cost per share.
I know it isn't because they think the stock is going to hit some analysts target of $ 16 !
Must be much more in it than that.
No one in their right mind buys a spec stock at $ 11 just to make 50 % .
Chris has been talking a good game since the beginning but I've never drunk the koolaide, never allowed myself to get too carried aweigh, still own every share but nervously, sometimes very !! 
Maybe he really did know all along or maybe it was a hunch and he got lucky with the drill, don't know but he has delivered. 
First it was comparisons to other deposits in Red Lake, which appear to be proven correct by previous holes but certainly that last hole must be confirmation and then, more recently, it's comparisons to Hemlo and Malartic and now for the first time he's mentioning dollars, as in $ 4 Billion. I mean really, are we supposed to drink that ? Is it possible ? 
And now we have guys coming in who must be pro's, they aren't granny's, nor do I think they are funds who own Apple and Google but think , what the hell, let's take a flyer on this. I think it's still too early in the game for the great unwashed to be coming to the party. 
So it must be Pro's I'm thinking, Guys like Rule, Sprott, Warke, Beaty, and maybe some fund guys who know them and who can spot a big win.
Think these guys hunt in Pods. 
As I said, I just don't think anyone is buying this at $ 11 because they think it's going to $ 16 or
$ 22 or even $ 25.
$ 4 Billion is like $ 75 now. 
I'm still not drinking the koolaide but I sure want too. 
Maybe I'll only drink $ 50 worth. LOL !