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Great Bear Resources Ltd. 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 Ivorygullon Dec 09, 2021 8:54am
219 Views
Post# 34213824

RE:I agree

RE:I agree
flashcash wrote: Chris Taylor, President and CEO of Great Bear said: “The acquisition of Great Bear by Kinross is an outstanding opportunity for our shareholders, partners at Wabauskang and Lac Seul First Nations, and the local communities of Northern Ontario.

Although we could have had Barrick or Newmount for a higher cash amount Kinross has the abilty to gain a lot of share value on top due to its smaller MC. Now it begs another question where will the two mentioned companies throw their cash pile.

GLA

You do have a good point re Kinross gaining in share value flashcash. It'll be interesting to see what happens to it in the near term.

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