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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. > Value
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Post by Kyodaion Oct 05, 2021 3:15am
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Post# 33965665

Value

Value
Just some speculation about possible value of GBR:s gold in the ground.

Let's say they come up with 10M oz, as their first resource estimation (just a number)

What would then be a realistic take-over price, as calculated per share?

Is a valuation of say 150M cad per 1M oz a reasonable number?


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