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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 RazorRamone777on Aug 27, 2020 11:42am
269 Views
Post# 31460572

So right now because GBR has no...

So right now because GBR has no...43-101, they are being evaluated at $100 per oz. in the ground. Others in the area that have completed a 43-101 are being evaluated between $200 & $300, so this is money in the bank. After the 43-101 has been completed, I would suspect GBR be valued higher than $300 per oz. simply because we have much more high grade close to the surface. So in a years time you can expect the S/P to be a minimum of 3X higher than it is now, and this will NOT be counting all that they will discover in the meantime! A reasonable S/P estimate in one years time would be $70 per share.
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