Pacific Booker Minerals Inc V.BKM

Alternate Symbol(s): PBMLF

Metals & Mining Industrial Metals & Minerals

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

Pacific Booker Minerals Inc > BKM WITH a permit now $2.4 to $3 Billion due to metal prices

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Post by $500,000Salmonon Jul 26, 2020 6:51pm

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Post# 31321540

BKM WITH a permit now $2.4 to $3 Billion due to metal prices

Gold broke $1900 USD per oz today
Silver $23 plus
Copper $2.89

Depending on the variable numbers used, such as recovery rate, and discount rate etc., when I plugged in the new ore prices the model used by Pacific Booker showed a $2.4 Billion NPV or Net Present Value ($120 per share) with a 5% discount rate. At a 3% Discount rate it comes to just over $3. billion ($150 per share) assuming 20 million shares.

Oviously there are other factors that impact valuation. However having a potential 10 figure valuation is pretty cool.

Premier Horgan please make this happen!!!

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