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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 Countrin2tiveon Feb 08, 2022 11:59am
228 Views
Post# 34408897

RE:The only question left to answer is

RE:The only question left to answer isThe fact of the matter is that there is still a mineral deposit at Morrison Lake, albeit un-mineable at present.  But, it has value and is still worth something to a perhaps a larger player with the resources to re-design, gain approval, do battle with the legal system and make LBN happy.  A buyout would seem to be the way to go, no idea what that would be worth. 

Perhaps current leadership can pull a rabbit out of it's hat, but it feels management as it stands has exhausted its options (hope I'm wrong).  Btw I'm holding on to my shares.
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