Great Bear Resources Ltd. GTBAF

RE: RE:Revisiting share price potential

[Ivorygull]

Hey Cedarcottage, I'll be there to help you back up the truck, "left a bit, no your other left" LOL

So if we could get it up to 30 million before the buzzards swoop in, what do you think the share price could be? Could it go as high as three times what I'm suggesting our version of Malarctic and 10 million ounces went for ($79), which by the way was pretty close to the $67 from the guys who worked out the equation theory; in other words as high as $200-$240 per share, or is that just a crazy guess from an old guy wanting to finally make some money. LOL

Seriously though, is there a limit to what the majors will pay after a certain amount of ounces have been suggested, meaning that there is so much gold there, that they can't afford to pay what it is really worth and will only offer what they can, or want to, and should we accept a low bid if that was the case, or should we see if more than one major would buy at what the value should be, based on what I have implied.

[captainpooby]

Majors will pay somewhere between 45-200 an onunce, for gold in the ground. Depends on how easy it is to get out and refine. Christ Taylor has said GBR fits in the 100-200 dollar range. If you use $100 /oz to make it easy, every 10M is roughly $20 share price. 10M oz x 100 = 1B / 50M shares = $20 25M oz x 100 = 2.5B / 50M shares = $50 If you look at GBR it checks all the boxes for easy to get