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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

Great Bear Resources Ltd. > Not that I want to start a rumor, but....speculation
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Post by hankmcg on Sep 08, 2020 3:00pm

Not that I want to start a rumor, but....speculation

It seems odd to me that we had a fairly  constant flow of news releses and now for a month+ no new news for a long time.  Even with 5 drill rigs working and no slow down due to COViD.

I have been pondering over this for the last week or so.  The thought occurred to me that if I was trying to work a deal out to buy GBR, if I was represening a significant gold producing company, that I wouldn't want any new news of drill results to be released until either a deal was made or no deal could be reached.  So it makes me wonder if CT and crew are in negotiatiions for a buy out???? 

Now that I stated and posted that, watch and see if news is released later today or tomorrow. 

Its cheap to dream.......

hank
Comment by tabbiebarrie on Sep 08, 2020 3:17pm
They have to release news to all not just prospective buyer.
Comment by goldbuz on Sep 08, 2020 3:37pm
I could see somebody coming with a lowball offer to try and steal it for $25.00. All I can say is REJECT,REJECT,REJECT.
Comment by goldbuz on Sep 08, 2020 3:40pm
That’s per share.I’m sure you all knew that.
Comment by Goaweigh on Sep 08, 2020 3:29pm
No one wants to sell at these levels so if any offers were pending Chris would be throwing everything he had into the boiler to get this train rolling. We may be going up in sympathy with PGM who is veery close to pouring first gold and when they do they should be rerated as a producer and the sock should go higher. It's going higher now in anticipation of that rerating. 
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