Great Bear Resources Ltd. GTBAF

A continuation of GBR...

[Lookingforclues]

Wasn't there one of two companies who were directly attached to way these drills are heading?

[SuneeDaze]

I’ll message you a couple companies, one of which is not only on strike but whose property hosts  the LP Fault. Have a good weekend.

[captainpooby1]

BTU?

[touareg]

Years ago before all the area plays were scrambling for the propertys that no one else wanted just because they are not too far away from Great Bears Dixie property Chris Taylor was staking the LP fault. According to an NR not so long ago he staked the whole fault, all 20+ Ks of it. Why would he not have done that? Why would he not have staked the whole length if he thought that the gold was in

[SuneeDaze]

“Years ago before all the area plays were scrambling for the propertys that no one else wanted just because they are not too far away from Great Bears Dixie property Chris Taylor was staking the LP fault...” touareg, With all due respect... GBR acquired their initial interest in the Dixie property from Newmont...2 years ago.  They sometime after that acquired an additional 26 claims (if I

[flashcash]

I still say we should sell off blocks of the fault, say a 5Moz proved up section at a time to majors, we mine it and they pick it up to send to their mills. First we have to find the 5Moz lol, but I am sure we have multiples of it ! GLA The Great Bear story is unfolding before our eyes.

[flashcash]

I am sure we could cut a deal with say Newmount or who ever buys their red lake mine and mill to supply 5Moz, which major would turn away from that, not many I would think. It would give then time to sort out the growing depth risk issue on their mines. GLA

[vila]

With 18M in the war chest and very limited knowledge about the worth of our holdings, any deal talks sound premature. I have confidence Chris Taylor will pick the right strategy as he knows our situation more than any of us and has lot of skin in this play. Beside that, CT has a great deal of motivation as it is probably the Great Bear story by which his career will be remembered.

[HansonLockyer]

This post has been removed in accordance with Community Policy

[flashcash]

Hans, you are counting your gold bars before they are in the vault ! GLA

[HansonLockyer]

This post has been removed in accordance with Community Policy

[flashcash]

Hanson, we prove up 5Moz mine it and sell the ore to a major for so many $/oz. We don't need a mill and get to do what we do best which is find gold ! Let the majors worry about desk rearranging, work to our strengths. GLA

[October4]

Pan Orient Energy, which I own, sells off assets and after each payout the SP drops an equivalent of the value decline and then recovers. 

[touareg]

Thank you for your informative post SuneeDaze, I hold up my hands to your knowledge of the area. I have actually made money investing in area plays myself in the past and perhaps there are / will be some good opportunities around GBRs properties but my point was really very simple: At this point in time it makes no sense to me to buy shares in area plays with the extraordinary potential that we

[SuneeDaze]

Thanks, touareg! Nice to have a civil discussion on these boards! Take care.