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Bullboard - Stock Discussion Forum Great Bear Resources Ltd. GTBAF

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

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Post by Lookingforclues on Apr 30, 2020 8:59pm

Codswallop!

What a bunch of nonsense you lot are talking about.
Few of you, can put a structured sentence together!
You are on and on and on about the NSR.  It is what it is, and will be worth money when the mine starts producing!. 
Why don't you go on CEO., where they sell 'cheap subscriptions'!
Too funny!
Comment by lechmeir on Apr 30, 2020 9:44pm
"Few of you, can put a structured sentence together!"   Codswallop, you say? I can structure a sentence, should I feel the need.  What's with the Oxford comma in yours though?  It seems quite misplaced.  Must one read that sentence like James T. Kirk?   Cheers Looking...  We're getting wealthy here.  Enjoy it.  
Comment by Ivorygull on Apr 30, 2020 10:04pm
LOL
Comment by lumpy13 on May 01, 2020 12:14am
If your logic is that the NSR shares will only have value when GBR is producing gold, then GBR should only have value when it's producing gold.  
Comment by Hermod on May 01, 2020 4:04am
Ofc spinco will have a value. What this value is we cannot really know, as it might be said to be both real and imaginary. I think along these lines:   1) 10 cents. Spinco value is initially the value of whatever volume of currency put into the company. The only documents I have been able to find says that amounts to $1.5M. So just over 10 cents each. Whatever value Spinco will ...more  
Comment by Lookingforclues on May 01, 2020 2:01pm
Is that the best you can do!   Read how it works/read the prospectus, and give us all 'a break'!
Comment by lumpy13 on May 01, 2020 2:17pm
I'd suggest you understand how royalty/streaming companies work.  They pay (sometimes significant amounts) for NSRs normally before the mine goes into operation (and often times years before).   If the GB Royalty shares were tradable today, there would be a market (and probably quite active) as for the shares.  Given how royalty/streaming companies are valued, the GB Royalty ...more  
Comment by Goaweigh on May 01, 2020 2:49pm
He spends too much time reading the CEO.CA board, explains why he's Lookingclueless. Well it looks like we have a little profit taking but nothing approaching what I thought was possible. Maybe people are unsure of when they actualy qualify for the spinco shares so are hanging on just to be sure.  Who knows but who cares. We have dozens of holes to report, Malartic/Hemlo weren't ...more  
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