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Bullboard - Stock Discussion Forum 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... see more

TSXV:BKM - Post Discussion

Pacific Booker Minerals Inc > Share worth nothing
View:
Post by Morshieporsche on Feb 07, 2022 8:05pm

Share worth nothing

Just been thinking, could the board filing bankruptcy make the existing shares outstanding have a value of zero ? Letting principles pick what's left on the carcass? Or could the board sell what's left to a larger more well healed super miner and thus give us long term and short term investors at least some value of what they hold? No way around this this is at nowheresville.
Comment by CopperMbr on Feb 07, 2022 9:08pm
What a load of garbage.  Nice post Morshi...
Comment by scatterhead on Feb 07, 2022 10:33pm
IMHO - what you say is definitely one scenario that is true and was talked about when the first refusal occurred - a big fish may offer based on cents for dollars - I would think in the form of a JV would be a best possible future. On a different note however very relevant; look for yourself - it seems that the green push is running dry as many potential projects to feed the green transformation ...more  
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