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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 CopperMbron Jul 18, 2019 3:35pm
116 Views
Post# 29936384

Path Forward

Path ForwardMy understanding is that a response to the recent EAO letter is being generated and to be submitted in the next couple of weeks. Following that, according to the process outlined in the letter, the information will be reviewed and the approval process will advance. The project is still under the current EAO process NOT the revised process that is scheduled to come into force later this year or early 2020. Until that time the project is still subject to the existing process which includes the SAIR. IMO the EAO is delaying the review, for whatever reason. Remember who took over the EAO following the corrupt decision to refuse the permit. That person is still there. The Premier needs to recognize this and take steps to correct the misjustice (as confirmed by the court decision). Without the courage of small companies willing to advance potential mines in BC there is little other option. Big companies have large portfolios and factor regulatory certainty into the economics of the development. BC has already raised the "Not Open for Business" flag on other fronts. Are they willing to risk one of the few remaining industries? The approval of Blackwater was a "safe" thing to do because it will not likely get developed as it's a small part of that companies world portfolio (small stock price rise as proof). The Morrison project will get developed and generate substantial benefits for the local economy and for the government and that's why IMO it will gain approval. Horgan needs to stop wasting his time on approved projects and get others that have No Adverse Effects approved and advancing. I agree with many others, the company needs to produce news for the shareholders. This board seems to be the only discussion forum and I appreciate the positive discussions and opinions (with the exception of WSL).
Bullboard Posts