Great Bear Resources Ltd. GTBAF

Missed my chance

[skiesthelimit]

I missed my chance at 2.25$  by a few pennies a few months ago. Don’t want to make the same mistake as last time but. The chart has broke down short term, I’ll try and pay double for shares at 5.50$ ( paying for my mistakes) don’t wish any ill will on anyone but I think a great buying opportunity is in the makings. We just broke through the 25 day and 50 day moving average, next is the 100 day at 5.71 and the 200 day at 4.31. I am looking forward to establishing a position in these good drill results this company keeps producing. I’m not here to ruffle feathers, but the chart is breaking down for a good buying opportunity.  Till then I wait.

[gizard16]

Do some research partner. 125m at 2 g/t is considered high grade. 1 g/t means nothing for most people. when a stock goes up this quickly with the past results they have had, investors are looking for more of the same.  The last 2 NR's have been disappointing. How much gold do they need to produce.......at a significant profit to get to the market cap they are currently at?  How do

[skiesthelimit]

I have. Yes the stock has gone up way too fast and needs a correction which is what I am waiting for.... I’m not sure what you are implying? It’s a large scale deposit that needs to be proven we all know that. But.... it does look promising in my eyes. Do you own shares? Do you own a short? Do you plan on buying? What’s your angle? 

[Goaweigh]

Chris said the excitment in the core shack was palpable so unless the boys just got their new  " Drilling Chicks " calendar for 2020 it must be the core he was referring to. How many dozens of holes are we waiting for, is it 2 dozen or 3 dozen and any chance we'll get our 2 or 3 grams or maybe much higher in the next batch ? Think the chances are pretty good.

[daffid]

"1 g/t means nothing for most people". Maybe. Detour's open pit , 517 MT,  grades 0.97 g/t.

[HansonLockyer]

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[flashcash]

The bear Rimini section 22100 is very amenable to a spiral decline with offshoots for mining the high grades. Open pit it later. Its looking very promising, I just hope they do a bulk sample with current cash, it would be a huge boost IMO. GLA

[touareg]

Exactly guys.. here's the interesting thing.. you would expect thst here on this board most posters would understnd drill results but they clearly don't.. but they talk like they do and others believe them.. and here's another thing.. did Detour have narrow high grade intervals within those wide mid to low grade intervals.. I don't think so.. there are many other examples of low

[gizard16]

Big difference my friend. Detour is a producer. Great Bear is an explorer. 1g/t doesn;t move the sp when you are exploring. How may 100's of millions of dollars before they ever get close to mining that 1g/t? Years & Years. This is still just a spec play. If they don't keep finding more new high grade veins.....it's done. $4.50 - $5 soon.