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

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OTCQX:GTBAF - Post Discussion

Great Bear Resources Ltd. > March 5, 2021 - Economic Calendar

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Post by eatmorefiber2 on Mar 04, 2021 4:22pm

March 5, 2021 - Economic Calendar

Get ready for "better than expected" non-farm payroll Friday. This will be used to erase most/all equity losses over this week as well as pounding gold well below $1700 USD.

Yen/USD carry was on fire today. More to come tomorrow and PoG down $30 tomorrow is my guess.

They have no choice but to throw the kitchen sink to keep the ship afloat.

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Comment by diabase1 on Mar 04, 2021 6:50pm

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Comment by eatmorefiber2 on Mar 05, 2021 7:01pm

And there you have it. Better than expected job numbers. Nobody could see that one coming. Then it was Yen carry to the rescue to get the limp market up. They even tried to pound PoG but failed. I would say gold has bottomed. I don't know if it's short or long term, but I think we go up next week. Couple that with some good drill results, and ...more

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