Great Bear Resources Ltd. GTBAF

Takeover Thoughts

[CdnBadger]

The problem with this project is the size of it. We're never going to get compensated for the potential that is there. It would take years to define it to do that. However, it is in our best interests to let them complete this drill program and burn the rest of the cash doing more. The more hole these guys can put in the ground the better it gets for us. Hopefully when the bids come there is enough of us that are smart enough to turn em down until we get this thing up to where our drilling can get it. I've always said I wouldn't take less than $50 a share here but I really think $80-100 is probably more like it now but maybe it's $150. Maybe.The more we realize this resource the better our chances to get that number up there. I'll be saying no on any vote until this drill program is done. It's just added value for us to do so. It's the pragmatic thing to do. Patience will be rewarded here. Yeah when it's all said in done I'd be okay with $50 but damn it'd suck if we sell out, they finish what we started and show if we had've had more self control we would have done way better. That money set aside for drilling is pure value. Let it create it.