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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. > Thinking a bit more about the Gold Eagle takeover...
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Comment by goldminer1956on May 15, 2020 8:39pm
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Post# 31036674

RE:RE:RE:RE:Thinking a bit more about the Gold Eagle takeover...

RE:RE:RE:RE:Thinking a bit more about the Gold Eagle takeover... CEO Chris Taylor drew an analogy between the Dixie area and the Malarctic mine which I recall went for $4B,not $1B. He desribed Malarctic as being about 4 km in length, and I see from scanning articles it contained 1.9 g/t gold. Every deposit or mine is different. 
Chris is taking the correct approach here, prove the resource, don't be stampeded, get a reasonable price for everything. There is no rush here.
The deposits GBR has, right now. are district size, and high grade. Gold is trending higher, good deposits are harder to find.
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