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Great Bear Resources Ltd. 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

Comment by Tminus1blkswanon Jun 10, 2020 9:15pm
169 Views
Post# 31136543

RE:RE:RE:RE:RE:So many things to talk about now so let's start here !

RE:RE:RE:RE:RE:So many things to talk about now so let's start here ! From what I've read online, transportation and smelting is usually less than a couple hundred bucks per ounce and NSRs dont consider operation costs. That means with gold at US$1650, GBR royalties gets 2% of about US$1450. That should improve your numbers to the upside. 55M shares actual vs your stated 54M is kind of splitting hairs. Interesting analysis none the less.
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