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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 Apr 27, 2016 12:54am
109 Views
Post# 24813642

review the facts

review the facts1) there is no precedent where a BC mine was granted an EAC from the judge or the courts. Red Chris and Au Rico (Kemess) is not at all the same same Morrison. 2) What did the last court case do for the project? The decision was rendered DEC'13 and at that time the share price was $6.50 3) John was telling people the judge "would not put us back into the system" inferring that he would order the Ministers to grant the EAC 4) Review some of the decisions made by mgmt: Erik sued LBN citing defamation of character. Hiring Barry Penner (ex Minister of Environment) but he didn't last 3 months. Hiring of Renmark at $8,000/month to help promote the company and increase the shareholder base. That lasted about 7 months. Hiring of The Progressive Group to help mend the relationship with the government. John stopped paying them roughly 2 months before their contract was set to expire which also happened to be right before a deadline with the government. Call Patrick Kinsella or Cynthia and ask them what their experience with PBM was like and th prospect for the company to progress with the current mgmt. 5) The impression mgmt has with their relationship with LBN. Both Deeks and John believe they have a "great" relationship with Adams and LBN. Read all of the submissions from LBN and Adams...they couldn't be more opposed to the project in its current state. 6) John runs PBM like a private company and could become subject to securities consequences. There has not been a press release since July 2015 yet some shareholders are "privileged" to receive inside information. The irony is that none of this information is ever accurate let alone correct but these shareholders keep calling in thus enabling the same behavior. 7) name me one other company where the share price has gone from $15 to $0.80cents where there has not been a mgmt change? 8) name me one other company where the board and mgmt have repriced options lower. This in itself should have resulted in the firing of everyone involved as it is direct theft from shareholders that paid for their positions. 9) there is no plan. No SAIR. No press releases. 10) several mining CEOs take modest salaries an some (Rob McEwen) take none at all, rather they receive compensation on the performance of the share price. John, Erik, Ruth all make very good money in addition to stock options yet we are where we are. Please name me one other company where the share price has gone from $15 to $0.80cents with the project no further ahead still employed while making min $200,000 in total compensation per year.
Bullboard Posts