Great Bear Resources Ltd. GTBAF

Drill plays have crazy swings

[FOMOalpha]

I sold my position today. That is a huge gap left on the GBR daily chart. Gaps won't be necessarily entirely filled usually but they always get partially filled at least in my experience. Another reminder is drill plays are very volatile. One discovery gives you 30 to 50% gains and then you could see it goes all the way down and gave back all of your gains. I experienced this multiple times in my past. Just want all people here to be cautious and protect your capital and gains

[KL8877]

Traders will trade. IF they have anything like Goldcorps red lake mike this is easily 10x from here.

[Goaweigh]

What gap are you talking about, the gap between $ 3 and the recent run to $ 3.80 + or some other ?  The stock has consolidated around $ 2.50 to $ 3.00 for ages so falling below $ 2.50 seems a bit unlikely....although it did fall to $ 2.20 mid May but I think there were reasons for that such as exercising of warrants.  Now that's over with and we have an entirely new discovery, which

[iDiditMyWay]

This post has been removed in accordance with Community Policy

[Goaweigh]

Think the trick is to be able to differentiate between the one hole wonder and the 50 hole and counting wonder. We are the latter and those have a tendency to be much much bigger and go much much higher than the former. The concept of a district sized play in one little Co. like this is difficult to grasp but I think the market will start to embrace the possibility of it sooner than later and when

[touareg]

I am happy to trade a very small (10%) of my shares but highly risky imo to trade all of them.. especially in this situation.. must be some holes coming from hinge anytime now.. you just don't know when those NRs are gonna come and that hole in the new zone was the first and the only one so far from Bear Rimini.. it strikes me as perfectly resonable to assume there will be some more mothers