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Pacific Booker Minerals Inc V.BKM

Alternate Symbol(s):  PBMLF

Pacific Booker Minerals Inc. is a Canada-based natural resource exploration company. The Company's principal business activity is the exploration of its mineral property interests, with its principal mineral property interests located in Canada. The Company is in the advanced stage of exploration of the Morrison deposit, a porphyry copper/gold/molybdenum ore body, located approximately 35 kilometers (km) north of Granisle, British Columbia and situated within the Babine Lake Porphyry Copper Belt. It has a 100% interest in certain mineral claims located contiguous to the Morrison claims. The Company is proposing an open-pit mining and milling operation for the production of copper/gold/silver concentrate and molybdenum concentrate. It is located within 29 km of two former producing copper mines, Bell and Granisle. The Company also holds a 100% interest in certain mineral claims located in the Omineca District of the Province of British Columbia.


TSXV:BKM - Post by User

Bullboard Posts
Post by ChristyClarkon Feb 24, 2015 7:09pm
162 Views
Post# 23461055

Recent posts

Recent postsRecent posts have been bizarre and inaccurate in my opinion. Name one resource stock that investors are piling into? Commodities are in a bear market and many are struggling to find a bid. I agree that bkm's price should be higher given that there are roughly four trading days left before some form of announcement, but it isn't. I don't think that is a bad or a good sign, it is what it is. The fact remains, a decision is coming soon. The stock will either hit double-digits, or $3. John Plourde is not going anywhere Poo. He owns 1/15th of the company and through his relationships still has control of 34% of the company. With an EAC in hand John and Erik are essentially "done" their duties and the engineer will takeover in the next steps. I imagine there are offers on the table to finance the mine, and with the announcement of a financial partner and an EAC one should expect an offer from a copper/gold producer looking to buy PBM out. It has been a long ride, but the recent pessimism and calls for John to be ousted before this company turns things around are off-base.
Bullboard Posts