Great Bear Resources Ltd (fka GTBDF)

[sortagreen]

It was Sprott Junior Gold Miners ETF. Same company, but not Eric Sprott himself. Eric likes to get in when they're really cheap. This is one that he says he missed. It's still a good vote of confidence.

I got the original royalty shares, but I didn't get the second offering because I'm in the States, and I'm not a "high net worth" investor. I was pissed.

There's a lot of speculation on the buyout. Chris Taylor keeps using $4 billion as a "for instance", but he can't say it outright. Given it's a Tier 1 asset located by the highway and power lines, it's going to get a premium price.

This is a Cormark Research report on the royalty company, but it discusses the underlying asset. You can see that CT isn't the only one throwing big numbers around. I give it 10 months or less at this point.

https://cdn-ceo-ca.s3.amazonaws.com/1gat7l3-CormarkResearch%20GBRR.pdf

If you aren't on https://ceo.ca/gbr, you should have a look. It costs $5 one time, but it keeps the knuckleheads and spammers off the board. You get analysts and letter writers there. Eric Coffin posts there, James Kwantes... Doug Ramshaw (director). There's good information.