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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 fredo1on Oct 19, 2020 8:59pm
142 Views
Post# 31745918

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nope to US individuals in GB Royalty Rights Issue

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nope to US individuals in GB Royalty Rights IssueRegardless of the source of the regulatory problem, management is diluting US holders by 50%. Moreover, they are saying the NSR is virtually worthless. If so, why does GBRhave an $800 millionmarket cap if a 2% NSR is worthless? The GBRC stock is worth way more than $.15. A rule of thumb is a royalty interest is worth twice an ownership interest. So,4% of $800 million is $32 million or $2.50/ share.The standby buyers are stealing from US shareholders.
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