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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

Post by mineseekeron Jun 22, 2020 10:09pm
474 Views
Post# 31179188

GBR nearterm value

GBR nearterm value56,000,000 shares outstanding fully diluted.  $300 per oz. in ground value. Here comes the hard part-- how many ounces should we use? lets go with 8,000,000. So we have:                                                                   300 x 8,000,000 = $2,400,000,000. Now divide by 56,000,000 and we have approx. $43/share.  As we can see- the number of ounces proven up will drastically change the share value but we can dream and have a little bit of fun. Regards;  Mineseeker
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