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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 Jan 24, 2021 10:46pm
165 Views
Post# 32372834

RE:RE:They have tightened up the grid drilling over the area

RE:RE:They have tightened up the grid drilling over the area Did I say sell it ? No I'm simply suggesting an alternative method to getting our stock price higher, by proving up, at a minimum, a significant resource in one area. My example being a preliminary resource of 4,000,000 Oz. in an area of 400 meters, or possibly less if the grade is higher than 3 grams.
As I've said before PGM has a resource of only 2,000,000 Oz. and a market cap of $ 890 Million so for us to demonstrate we have at least twice that and possibly five times that amount certainly isn't going to have a negative effect on our share price. 
You can't tell me that if we prove up 4,000,000 Oz. with another 5 times that in blue sky we wouldn't be trading much higher.
And if that were to attract a takeover offer that we all feel is too cheap then it's incumbent on us to vote against it. No ?
I know this is original thinking and you're not accustomed to doing it yourself so go back to reading your Qanon 3 percent proud boogaloo nonsence.
 


RazorRamone777 wrote: Drilling a small area proves NOTHING other than what is in that small area. You cannot assume you will have the same in the next small area. The resource needs to be proved up through indicated (proven) and inferred catagories just like every other mineral resource. if you just prove up a small area, then ask for 10X what that small area is worth, wouldn't the purchasing company want some kind of PROOF that the mineral resource is as big as you think or say it is, or would you sell the whole thing for what the small area that you proved up is worth? Please drop your nonsence and quit talking stupid, it gets tiresome.


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