Great Bear Resources Ltd. GTBAF

Financing

[KL8877]

If they can raise 50 mil at 10 bucks a chafe I think they will and should. 

That would potentially be the last financing until the takeover

[vila]

Even better, wait with the financing when needed, then do it for 20 - $30 Maybe even starting by offering the financing to existing shareholders first.

[touareg]

I think this is a sound idea but then again what is the hurry?  I sense that we are at a point where a few more excellent holes along the fault could easily cause the stock to rip higher.. we could be $20 or more by year end or even sooner so could get $50 mil with considerably less dilution.  Having said that I trust Chris will time it right.. very nice to have that option without any

[touareg]

Also judging by the last 2 financings they could probably easily raise at $12 / $13 even now!  

[CdnBadger]

Why finance when they have enough for another year and a half of drilling? Why $50 million? That's four years of drilling. I'm thinking if this thing is what they think it is it's going to be pretty compelling a year from now. I think it's a wait and see scenario. Decide what you need then.