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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

Great Bear Resources Ltd. > Who is dumb enough to sell and warrants?
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Post by vikinginvest on Sep 16, 2019 5:21pm

Who is dumb enough to sell and warrants?

Maybe ask who is smart enough to sell. There are approx. 8.5 million in warrants and options (as of Aug 7th). Full dilution is $51MM. Some of these are cashable for a 500% profit. don't blame them if they choose to. Gives shorters some tremendous leeway also. You and I may not be selling our shares to risk an extra profit strategy but a lot of others have had this stock in their sights for over a year and are playin' it. If results like we are used to keep coming, everyone knows where the share price is going. Honestly I am just chuckling and smiling right now. May sell some soon. Have to take some profit sometime. Have fun with it.
Comment by lechmeir on Sep 16, 2019 10:28pm
I've heard that no one ever went broke taking a profit...  On the other hand I've also heard "a faint heart never won a fair lady." My father was a card player, and he was good.  He told me I could be holding four kings and still lose. On the other hand, he said if I weren't willing to bet on four kings, then I probably wouldn't be willing to bet on anything ...more  
Comment by BILLMINER on Sep 16, 2019 11:10pm
I read a sept 13 th financial post article on gbr tonight. I have no idea how to link it. Can anyone dig it up and link it here please. Title reads gbr hits Canada’s  gold jackpot . Thxs
Comment by Ggallant2000 on Sep 16, 2019 11:30pm
This is the Financial Post full page ad https://business.financialpost.com/sponsored/news-sponsored/great-bear-hits-canadas-gold-jackpot/amp
Comment by iDiditMyWay on Sep 17, 2019 12:43pm
This post has been removed in accordance with Community Policy
Comment by touareg on Sep 17, 2019 6:37am
Nice analogy.. I feel like this is 4 kings.. or at least 4 queens.. and me, I am very willing to take a big chance on these 4 fair ladies! ;)  Miss Dixie Hinge-Limb, Miss Bear Rimini, Miss Yuma and Miss Auro! Oh yeah! I'm pretty confident there's a few more sweet things just waiting to be found along that LP fault too!    
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