Stockchase Opinions

Jaime Carrasco Great Bear Resources Ltd. GBR-X HOLD Nov 02, 2020

A hold with a $17 target. They're an explorer and their results are in line. They have a project near Red Lake, ON. Likes it. They execute well. But the stock has gotten ahead of itself, so it's a hold.
$15.980

Stock price when the opinion was issued

Mining
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WATCH
An excellent team. They operaete in the Red Lake district. If Newmont and Barrick get together, they might divest in Red Lake. Brent Cook: He knows the Red Lake District well, but he didn't buy this because of continuity issues. He doesn't see a fatal flaw with them, but can they find mineralization then grow the resource? He's watching it.
COMMENT
The world of M&A is murky. A lot can happen. He can't say whether a higher bid will come along.