In 2019 Chris Taylor’s Great Bear Resources (GBR:TSXV, GTBAF:OTC) was the single biggest success story in the junior mining sector; a huge winner.
Great Bear’s share price went from 15 cents to over $9 in not much more than 20 months. That is a 60-Bagger in the blink of an eye.
Most people don’t own a stock that goes up that much in a lifetime. Taylor’s Great Bear did that in just over a year. Then it kept going to $14!
That meant life changing wealth creation for ground floor investors, even those that had a modest investment in the company. A 60-Bagger turns a $1,000 investment into $60,000. A 60-Bagger turns a $10,000 investment into $600,000.
And the stock made that kind of run just on drill results, and Taylor’s credibility. There isn’t even a maiden resource yet, yet they have $27 million cash and a 300,000 metre drill program underway!
This is why investors like us love the junior resource sector. You don’t have to risk much to make a lot. This is the best sector for people interested in intelligent speculation.
We know that these kinds of junior stories happen in this sector. We also know how to find them……..by following the top entrepreneurial teams who repeatedly find the great deals.
Great Bear had the perfect setup for a huge win. I recently sat down with Chris in his office to get the full story–and find out what his next deal will be.
Great Bear is a fabulous story story. They started at a very low share price, and a tight share structure. That means big leverage to good results.
The asset itself was ideal located in a nice safe location—northern Ontario, Canada, near infrastructure and literally on the edge of a highway. That meant low costs for exploration.
And importantly, the property was in a known gold camp—the prolific Red Lake district, where Goldcorp made their name.
What I liked the most about the Great Bear story was—Taylor was thinking outside the box. The type of discovery he made that took the stock to $9 was NOT the traditional high-grade, Red Lake style gold mineralization, as I’ll explain.
That’s why the footprint of the project was SO big — the hunt was on for something with scale, not a small-but-high-grade operation.
As far as junior mining deals go this was one where all of the important boxes were ticked.
A One Way Ride Straight Up With Zero Stops On The Way
The biggest gains here in this run went to the early investors—pre-discovery. In this business the first successful drill results provide a big portion of the ultimate return; it’s the point of maximum wealth creation.
Taylor’s first target was the Dixie Zone. The geology in the Red Lake gold district here is known to be spotty and if you get a 50% success rate drilling you are doing very well.
Great Bear’s first drilling campaign in 2018 at Dixie was successful. They hit almost one ounce gold per ton—26 g/t for just over 16 metres! It was A Big Hit. The follow-up drilling campaign…successful again.
Then they moved onto the Hinge Zone which is classic high grade Red Lake district geology. This time they hit over TWO OUNCES per ton—68g/t over seven meters. And it was very near surface! That means low mining costs and high profits!
By then this stock that had been $0.15 prior to drilling at Dixie was now $2.00. Investors who had been waiting to get in on a pullback were out of luck.
Anybody else would have been VERY happy with all that—but Taylor had something even BIGGER in mind—something with HUGE scale in mind. This time they had staked a much larger property than needed.
But his idea was so out-of-the-box, he couldn’t have sold his board or his investors on trying something completely different. He needed the momentum of the success of the Dixie and Hinge Zone discoveries to try a low grade, broadly disseminated gold target called the LP Fault.
I want you to understand how off-the-wall this sounded to everyone. This is almost heresy in Red Lake geological thinking. When Taylor told the Market they were now going to focus on the LP fault, the market had paused….really?
Yes, really. Taylor hit again. In early September 2019, Taylor and his team reported “Multiple Gold Discoveries Along 3.2 km of the LP Fault”. The stock jumped from $6 – $9 in just that one day!
Since then, the LP Fault has increased to 4.5 km of steady mineralization with an 11 km long structure, with gold down to 300 m depth and widths of 5-50 m depending on cutoff.
There are cross-structures in the fault that carry high grade. The LP Fault is a HUGE system—the Market quickly realized that it could be another major discovery in this 30 million ounce gold camp.
No wonder the stock rocketed up! A company that started with a $200k investment a year prior was now a business with a $400 million market cap.
Ground floor investors were sitting on a 60-Bagger.
It’s an incredible story.
Could this stock hit new all-time highs after a resource? Sure, but in terms of percentage gains those investors will never beat the 6000%–15 cents to $9 in 20 months—that early investors made.
The key was getting in right from the start.
Chris Taylor’s Next Deal Is Here — NOW
It took Taylor some time to convince the Market there would be consistent mineralization through the 4.5 km to make a simple large deposit. He had a different idea from the start—that’s why he staked such a huge property.
He’s an original thinker. He has the geologic brain to look at things in a different way. He’s bringing that to his next deal—which only trades at 36 cents. Bet you would like to know the symbol of THAT ONE, eh?
Well…..don’t go far. Tomorrow I’m giving you the name, ticker symbol and every bit of info you need about Chris Taylor’s next deal.
The stock price is still only 36 cents but the company has already had one big drilling result — if they get one more the stock COULD be like Great Bear. That would be a life changing win. I put $75,000 into the company.
DON’T MISS MY NEXT EMAIL—TOMORROW!!!
Taylor’s next junior has MANY similarities to Great Bear in the early days:
1. It’s in Canada
2. It’s in a prolific known mining district
3. It sits right beside a highway.
4. There is lots of historical data that Taylor and his team are working with
5. But previous work was focused on shallow targets, and little modern work has been done on it
6. Taylor has a very different perspective than previous operators
7. He acquired a large property
8. It has a tight share structure (Less than 40 M shares out) and low valuation
9. Exploration legend John Robins in an advisory capacity.
The development of this asset couldn’t get any simpler. They just need that first BIG HIT.
This 36 cent stock might have an advantage that Great Bear did NOT have—you see, Taylor is actually a porphyry deposit specialist. He was outside his specialty at Great Bear. In this new project, he is in his element.
There’s one more advantage—he has already drilled a discovery hole. He knows what he has, he just doesn’t know where the higher grade core is yet. This upcoming drill program will hopefully reveal that.
The last ride this team took shareholders on started in the pennies and went to more than $9 per share. Now, this proven team has put an incredibly sexy geologic target into a very tight public company and funded it. It’s only 36 cents. It’s ground floor. And the drills are ready to turn.
Tomorrow I’m going to tell you everything you need to know about this stock so that you can go fact check everything for yourself.
What you will learn is:
– The name and ticker symbol of Taylor’s new deal
– Details of the huge asset he has once again lined up
– The key drilling result that he has already had
If you missed his last deal, you missed a 60 bagger. This next deal has striking similarities—infrastructure nearby, not had recent work done on it, good tight share structure, in Canada
Tomorrow you get a chance to get on board at the ground floor on a project that is already looking like it is well on the way to being another big win.
Open that email quick!