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Bullboard - Stock Discussion Forum 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... see more

OTCQX:GTBAF - Post Discussion

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Post by ROIHunter on Aug 01, 2019 6:54pm

Tomorrow?

Here is what I expect tomorrow.

I think it took the big houses till the afternoon today to figure out how good today's PR was and some likely did not figure it out yet.  I think it shows the potential for depth at Limb and Hinge and also the good news about drilling along the Rimini Yuma 50km trend, using this new tehnology.

I thought this was one of the best pieces of news so far.  Given that Monday is a holiday and I expect drilling news maybe on Tuesday next week.

Couple todays new and the long weekend and the potential for new drill results Tuesday am and I believe we are going to see a very big move tomorrow before the weekend, because people are going to worry about getting left out now.

GO GBR GO
Comment by curious924 on Aug 01, 2019 8:00pm
Yes, there could be considerable FOMO (Fear of missing out).  Individuals can act quickly, but may have to sell something else first, so that takes time and then they are ready to buy later in the day.  I think some do their awareness gathering in the evening after work, so do not act the first day.  But the next day . . . ? But I wonder what procedures need to be followed by ...more  
Comment by ROIHunter on Aug 01, 2019 8:15pm
Agreed, larger investors cannot likely pull the trigger immediately unless they are already primed and just waiting for events like today's PR.  It looked like Cannacord was one case in point, they seem to already be all in and likely have a number of metrics in place for expanding their position.  We will know when it is several houses buying for themselve because the price will ...more  
Comment by BobbyCls on Aug 01, 2019 9:40pm
I have no clue what's going on but suspect that if they have decided to move all three rigs to this area, they must know that there's something significant there (Bear-Rimini drill results....hmmmm...)  I'm eagerly awaiting to see what they find in the Silicified Zone.  I've been accumulating all the way since I discovered the company from $2.68, $3.18, $3.96 and $4.38 ...more  
Comment by CdnBadger on Aug 01, 2019 11:08pm
I think the three rigs have been in the aera for a bit now. The combined BR, Yuma and DNE along the LP fault. I think it's more about sharing that it's a defined strategy is being pursued and that it's based on sound geology. Just how I'm reading into it but i could be wrong.
Comment by flashcash on Aug 02, 2019 3:32am
Its a pity they dont drill up a resource on a strip of the fault zone and sell it on keeping a small royalty on the strip. We have a heck of a lot of fault zone. GLA
Comment by Goaweigh on Aug 02, 2019 10:05am
What would make you happy, a 100 meter strip, 200 meters, 300 meters, and what's the perfect # of ounces to sell, 250,000 or maybe 500,000 ? Guess you work for Newmont because I can't imagine anyone else suggesting such dumb shite.
Comment by flashcash on Aug 03, 2019 12:54am
$100 to 200 million per km should do it, and I suggest you keep it civil.
Comment by Goaweigh on Aug 03, 2019 10:24am
According to Chris the main ore body at the Red Lake complex occupies a space less than 1000 meters in length, 600 meters in fact, and has produced 10's of billions of dollars of  gold over at least 2 decades I believe, maybe longer.  The main Red Lake mine and it's millions of oz. would fit into the areas we call the Hinge and Dixie Limb zones.  The current known strike ...more  
Comment by flashcash on Aug 03, 2019 2:47pm
Goaweigh! Wrote, ‘Sorry but I get a little testy when people suggest Management could be doing a better job if only they did this or that !’ No problems, nice to know some good supporters of this great share, the only way is up now.