Great Bear Resources Ltd. GTBAF

GBR Still a great buy

[goldbuz]

Gbr is still a great buy for those still trying to get in or those wanting to up their share count. It’s a lot better than most junior explorers out there. Low share count and a very good chance of a triple in share price from here, or more with a buyout offer, after RE.. If there was a early offer of $30.00, that we could reject, I don’t think it would be a bad thing, it might even peak the interest of others looking to buy, and perhaps start a bidding war . $30, $40, $50, or more.  I’d personally like to see about $75, but wouldn’t sneeze at $55.

[goldman88]

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[lechmeir]

"Especially when LP fault results come out next week "   Yeah, we're probably overdue for some news at this point, huh?

[lechmeir]

"and perhaps start a bidding war"   I agree.  We wouldn't let it go for $30, and there's no reason to believe any other suitor would stand by and see it bought for that either.  

[CdnBadger]

I think $70 is the low end of what we will see. Hemlo sold for 4 billion. We have at least the same analog AND... we're 18km not 2.5 km and our gold starts at surface as opposed to Hemlos 500m. If this thing sells for under $70 we got robbed. $30 is obscene. $100 plus is what I think we should get but $70 plus is tolerable. I don't think a lot of people are grasping jusy how good this is

[goldman88]

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[goldbuz]

Right, and about the time the offers start rolling in the gold price should be about $2300 oz.