Great Bear Resources Ltd. GTBAF

RE:RE:RE:RE:GBRR v. GBR Relative Performance

[eatmorefiber2]

Goaweigh wrote: Isn't all the data being put out in the public domain the only thing required to understand it is the appropriate software.
Mackie and other analysts seem to believe they have a pretty good handle on the resourse model and they update their # 's as more data becomes available.
I think GBR are doing this for very obvious reasons, at some point we are going to hit a tonnange and grade # that triggers a whole bunch of alarms all at once and the majors will be compelled to react or miss a once in a decade opportunity. 
Being as transparent as possible drives the price higher whereas a NDA doesn't really serve anyone's interest, does it ?

eatmorefiber2 wrote: Chris has mentioned they have had multiple conversations with interested buyers.  NDAs are generally signed before any data is exchanged.  Customary in M&A.  Once you sign an NDA, your control room better restrict the security from being acquired in the secondary.  At least that is in the US market.  

NDAs protect the parties in a a bilateral transaction. I don't think Chris and team want to get sued for announcing Newmont or Agnico are interested in potentially acquiring GBR.