Great Bear Resources Ltd (fka GTBDF)

[sortagreen]

We should be expecting more news this week. It's kind of maddening how real and solid news doesn't seem to move this stock price... while people take flyers on juniors with lesser prospects.

That said, this is what Barrick looks like.

“The Board believes that the current dividend increase is sustainable and is reflective of the ongoing robust performance of our operations and continued improvement in the strength of our balance sheet, with total liquidity of $7.7 billion, including a cash balance of $4.7 billion, and a debt net of cash position of just $0.4 billion as of the end of the third quarter, as well as no material debt repayments due before 2033,”
https://www.barrick.com/English/news/news-details/2020/barrick-declares-increased-dividend/default.aspx

Our maiden resource estimate is due out in Q2 (give or take). The majors are flush with cash and need to replace their reserves. Chris Taylor repeatedly mentions $4 billion in his ruminations. That's roughly $70 per share. We're worth all of that.