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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 Sep 01, 2020 1:19pm
410 Views
Post# 31487238

Never have I seen this before...

Never have I seen this before...The way GBR is operating is a HUGE advantage to the retail investor. Normally Jr. exploration companies put out a 43-101 ASAP, to gain attention and raise funds, catching the eye of institutional investors who MUST have the 43-101 in order to invest. GBR is doing quite the opposite, just drilling, drilling, drilling, and amassing core after core after core of Bonanza grade gold. They say they will do their initial 43-101 in about a year! Can you imagine what it will look like in a year? Institutions who were not allowed to invest before will be piling in. Right now other similar companies to GBR are being priced at between $200-$300 per oz in the ground because they have a 43-101. We are being priced at $100 because we do not. When the 43-101 comes out, you can count on a minimum of a triple, but many think much higher because of the high grade close to the surface that we have and others do not, also taking into consideration the stack of high grade cores in the bank between now and then. My price for GBR 1 month after a 43-101 is $70. (a lowball conservation estimate)
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