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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 Warlockkk on Apr 19, 2021 9:51am

Ouch...

Looks like someone had a better place to invest... probably LAB.
Comment by eatmorefiber2 on Apr 19, 2021 11:45am
Sure.  They decided to dump 40,000 shares in a span of 2 minutes with no concern for price discovery and best execution.  
Comment by Iveybiz79 on Apr 19, 2021 12:06pm
Believe it was David Terry who sold those. Doug Ramshaw has sold some too. The Great Bear board is about to get some new directors IMHO and the dead weight is being removed. The best intercepts in the company's history will be hitting the market shortly and dirt bag Rob is just about out of shares. Come on Chris time to drop the hammer, remember multiples from here.
Comment by surething1111 on Apr 20, 2021 8:34am
I have a different take on insider sales. Were it not for these sales over the past 6-8 months, new investors would not have been given the opportunity to own these shares at a reasonable cost. No doubt some of these members are awash in shares and wish to diversify.....who can blame them.......take some enormous gains and at the same time, leave some on the table for others to profit from. It ...more  
Comment by Goaweigh on Apr 20, 2021 10:06am
I suspect profit has been booked by numerous shareholders this year and now the Man from the CRA is wanting his cut.
Comment by eatmorefiber2 on Apr 20, 2021 4:45pm
My guess is Rob is selling whatever he has left of GBR to buy NFG.  Look at what Sprott just did recently.  Maybe they really believe it's Fosterville/Swan 2.0.
Comment by surething1111 on Apr 21, 2021 11:43am
Very good point Goaweigh S