Great Bear Resources Ltd. GTBAF

Meeting...

[Lookingforclues]

Brief synopsis of the 'Meeting' please.
Anything of interest?  Ty

[captainpooby1]

[captainpooby1]

This is huge news. Monumental in fact.   Most important points: CT would not take a $15 share offer. CT aims to prove a 50-60 mine life. Reading between those lines.... A 50 year mine life @ 500,000 oz / year is 25M oz. Every 10M oz of gold, at $100/oz in ground value = approx $20 share value. 25M oz = $50 share price.

[CdnBadger]

Hemlo was 24 million ounces believe. Good chance we're bigger than that.

[captainpooby1]

I think we are too. CT knows, or at least has a very good idea of just how much gold is there, he just can't come out and say it. He keeps dancing around it with comparisons to other mines and now he's giving us his best hint so far...expected mine life. A 50-60 mine life is an easy calculation for how much gold is there, we're just missing one number of the 2 number equation: How

[Iveybiz79]

50-60 year mine life? We should rename that 2% NSR = CASH FOR LIFE.....now I just have to live to 110 years of age to milk that baby for every penny LOL

[diabase1]

Thanks for the AGM meeting update Captain.

[touareg]

I second that

[lechmeir]

That's some great news. IR told me at one point that they had enough shares to head off a hostile offer. Then that other large shareholder (who shall be nameless) started dumping shares... Had me a little worried. It's good to hear they're still on top of that