Great Bear Resources Ltd. GTBAF

Glad that no warrants are with the flow through shares

[69chevelleSS]

So when these guys are done they are gone for good. Just don’t understand why they don’t let it run a bit and sell some higher. They aren’t making as much as they could. Oh well everyone has their own agenda.

[Iveybiz79]

They don't need to let it run, they are making more money on the short. With no warrants attached on the last financing, to cover they will have to buy at market eventually. Drive to 5.45 after causing carnage and rebuy on the cheap, cash that cheque twice and then back up she goes. Big dump in the AM tomorrow followed by a big rebound....after which point we will have turned the corner and it

[hillcrester18]

Chevelle, They’re doing quite well.  There are tax considerations with flow through shares.  Depending on the province, typically when considering tax breaks, their “break even” point is about 60-65 % of the share value.  So these $5.45 FT shares as essentially “in the money” at about $3.75 or so.  That’s why FT shares are typically priced about  25-30% higher than

[69chevelleSS]

Yes but that 60% is being cut down quite well as they have already sold a bunch much higher than their buy as a gain and I’m doing napkin math as an unaccredited investor.