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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 Ivorygullon Jun 12, 2020 12:51pm
201 Views
Post# 31143996

RE:RE:RE:RE:RE:RE:RE:RE:Webinar!

RE:RE:RE:RE:RE:RE:RE:RE:Webinar!
Ivorygull wrote: Chris did say in the Webinar that we would still have the land parcels such as Deedee to add value to us if/when the Dixie project was taken over from us, adding that was one of their stratagies, getting these other land packages with similar style geology.


I should add that while he did say this, which is excellent news, he more or less threw that out as a consolation for the person who was asking about dividing up the Dixie project to get more value. So while it is good to know that we can look forward in the future to working on those other land packages held by GBR, we do not yet know what they hold, thus I'd rather have more value come out of Dixie by getting the absolute maximum from it.

Seabridge Gold has a massive project and are looking to JV. They want the right partner and want to still own 30% of their project. They have turned down a few offers already and are patiently waiting for the right partner. I'm not sure how they have managed to be able to do this without having a hostile takeover happen to them, but if we could somehow have a similar situation, I'd say that would be our best bet.

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