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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. > chris comment on today’s news
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Comment by flashcash on Oct 24, 2019 11:37pm
The beauty of a NSR is that it can draw in institutional investors which can give an underlying support to a share as well as increase it. IMO a very good thing, a bit like a dividend and encourages long term investment.
Comment by lumpy13 on Oct 25, 2019 9:42am
It's important to understand that the 2% NSR will be spun off to shareholders via a new subsidiary. meaning it acts as an additional bargaining chip in case of an acquisition offer.   It's intereting that the stock had a nice price jump the day before the announcement and then fell when announced, indicating that perhaps some people knew it was coming.  
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