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Bearish market smiles on Great Bear discovery

The Toronto-quoted equity of junior explorer Great Bear Resources (TSXV:GBR) has surged on its announcement this week of a new possible discovery at its Dixie project, in the Red Lake District of Ontario.

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Great Bear Resources' stock has surged on its announcement of a new possible discovery at its Dixie project, Ontario

Speculative investors piled into the stock Wednesday, driving it up to 104% higher during intraday trading, to close up 63.9% at the end of the Wednesday session.