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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. > Webinar!
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Comment by IvanHoe86on Jun 11, 2020 4:37pm
195 Views
Post# 31140452

RE:RE:RE:Webinar!

RE:RE:RE:Webinar!

Given that a company will not drain its cash and sit with a 100x Tier 1 ratio, we cant necessarily expect that Newmont is rich enough for a 5x or even 10x multiple unless they offer Equity + cash offer to GBR shareholders. This may require an even bigger player,

 

That being said, the vast majority of the market must truly be in the dark, no way this stock should be sub 14$ after that insane positive news release and webinar today..

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