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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

Comment by uptowndog1on Oct 17, 2021 4:19pm
291 Views
Post# 34015905

RE:RE:BKM mine valuation

RE:RE:BKM mine valuation
If we use a $4 billion valuation, then with 20 million shares, it means shares would be worth $200 each. .... that is only 80 or 90 times the current price of the shares!
 
Do I think I will see $200 per share? IMO no, however I think $40 or $50 is certainly within reach once we get the permit.
So if we get EAC and you figure anywhere from $40 to $50 a share, Do you have a number for $ if John had someone in the back ground waiting to buy the mine as soon as EAC granted.
 
So on Monday Oct 18th I do believe that it's 90 days since Ruth sent letter to Ministry and no response.
So just wondering now that BKM has hired this P Eng. I guess we wait at least another 90 days for some kind of an answer from Ministry or whoever grants us or not our EAC. 
 
 
A registered professional engineer, has agreed to provide services for a three-month period to research and prepare a report on the work necessary to prepare for the construction phase of the Morrison mine project.
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