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Pacific Booker Minerals Inc V.BKM

Alternate Symbol(s):  PBMLF

Pacific Booker Minerals Inc. is a Canadian 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, BC 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 is in the design stage of the exploration and evaluation of the Morrison property.


TSXV:BKM - Post by User

Bullboard Posts
Post by Lynx9on Jul 29, 2011 4:38pm
332 Views
Post# 18888990

Thanks Wetrat

Thanks WetratWetrat, thanks for your more detailed  explanation. It is clear that we don't know the variables (mine and production costs, mineral prices, discount rate, risk rate, or even if they include silver/moly etc.) that a buyout company would use so I used the lowest prices for my evaluation and didn't mean to offend anybody.  The CIBC report gave me the best clues as to how aquisitions are priced.
Bullboard Posts