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Great Bear Resources Ltd. GTBDF


Primary Symbol: 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 Canuck11on Jun 15, 2020 10:56pm
180 Views
Post# 31154116

RE:RE:RE:RE:Takeover Thoughts

RE:RE:RE:RE:Takeover ThoughtsAgreed. Great to consider the possibilities, but let's not get ahead of ourselves. I found the comment during the webinar about funding available to carry drilling through 2021 at odds with what I considered the new $33M raise was going to be used for, namely, accelerating the drilling campaign in 2020. But after listening to what the management team reinforced, I support their intention to systematically infill to whatever distance between holes is necessary. The virus has placed logistical controls over the rate of drilling and it will likely ramp up, but I believe it prudent to prove out the 4.5 km section as layed out by the team. Let the drill bit speak by applying the intended methodology to generate a "surfaccee" resource estimate at the LP. We all recognize the enormity of the beast and no matter how many more drills are added, it will still take years to prove it up, particularly the great unknown, that which lies at depth. 
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