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Bullboard - Stock Discussion Forum Great Bear Resources Ltd. GTBAF

Metals & Mining Gold
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. > GBR 2% NSR company.
View:
Post by radarx2 on Jan 09, 2020 1:12pm

GBR 2% NSR company.

GBR 2% NSR company.


Have a look at Osisko Minning; to predicict what would happen to GBR 2% NSR company.
They got bought out be two majors and formed Osisko Royalities.

Osisko Royalites is "Rock Star" status!

Companies like Osisko Royalties just buy up little companies like these to have a constant stream of gold coming in.

:)
Comment by vikinginvest on Jan 09, 2020 6:04pm
I would comment that Osisko, your "Rock Star", is losing money H over F due to asset impairments, etc. and owes $300-400MM borrowed on future cash flow. The company is bloated and the market has priced it accordingly. Currently hovering 10% above a 52 week low. Buy?...maybe. Gold bellweather?...yes. Rock Star?...not so much.  Successful investment in this stock would require ...more  
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