Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Great Bear Resources Ltd. GTBAF

Metals & Mining Gold
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

Great Bear Resources Ltd. > Price stuck for last 6 months
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(34)
•••
Comment by lumpy13on Jan 05, 2021 5:23pm
186 Views
Post# 32229143

RE:RE:Price stuck for last 6 months

RE:RE:Price stuck for last 6 monthsChris has done a good job of keeping the company from being acquired as GBR hasn't defined their resources.  Puts a cramp on majors wanting to buy the company.

That being said, and if Chris is right about the size of their depost(s), then the longer they wait, the more the majors will have to pay.  

Honestly, a 75% premium would (I think) swing the deal.  But paying such a premium without hard resource numbers is a tough pill for the majors to swallow after how much they overpaid the last up cycle (and subsequently had to write-down/off).
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities