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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 Goaweighon Sep 03, 2020 2:46pm
263 Views
Post# 31505079

RE:RE:RE:RE:RE:Never have I seen this before...

RE:RE:RE:RE:RE:Never have I seen this before...Gold Eagle had an estimated 6,000,000 Oz. and was taken out by Gold Corp for $ 1.5 Billion or $ 250 an Oz.
Gold was significantly lower back then.
Hopefully the link to the article works but if not google Gold Eagle takover, plenty of stuff lying around.

I've analysed this to death and posted details about 10 times now but SH is no longer archieving old posts so this is the best I can do.



Gold Eagle Takeover





Malpeque2 wrote: PGM is maybe not the fairest comparison as it is a brownfield redevelopment effort with 1st production scheduled for late 2020.   You would have to discount 3-4 years of timeline on GBR NPV to get a fair comparison.

PGM has a rebuilt mill that is going to operate in late 2020.



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