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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
Comment by Lynx9on Dec 01, 2011 11:37pm
252 Views
Post# 19285583

RE: Insider Trading Question

RE: Insider Trading QuestionIn making the previous comments about insiders possibly selling in the US and some of course obviously selling here in Canada, I have to tell you, from my perspective of never having  been an insider ever I should have done a little more DD. In June four directors of the company took down some options for just over $782,000 and in talking to the office last week they may be taking down some more in the very near future. It's good to have cash on hand!

As for the prospect of Christy Clark's government wanting to have at least 8 new mine start ups in the near term. I would say that it is because of Christy Clarks directive that the Morrison project was not rejected outright for lack of water inflow/outflow/quality information. You can only get so far with saying we will deal with the problems of lack of information at design stage. In fact, this delay with the separate EA contract consultant, in my belief, is because the government wants this project to proceed and are looking for every angle to ensure that it will. That means people, that the water issues are being sorted out in the EAO with the consultant and I would say that it is leaning toward the Morrison proceeding. Otherwise they would not have paid for an outside EA consultant to review. Unfortunately, that incite of mine and my real name will only get you a cup of coffee!
Bullboard Posts