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Great Bear Resources: a pullback on good exploration results could create an opportunity

From caesarsreport.com

Great Bear Resources (GBR.V) has been relatively weak in the past few weeks as despite once again releasing excellent exploration results on its Dixie gold project, the share price has come down to around C$16 after almost touching a high of almost C$20 on the final day of the second quarter. Meanwhile, an interim overview of the short positions dated August 7th shows a modest decrease in the short positions on Great Bear Resources to 1.56M shares (down 106,000 shares) and it will be interesting to see an update on that in the next two weekly overview next week. With a market capitalization of about C$780M it was ... (full story)

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  • Category: Fundamental Analysis