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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 Feb 07, 2012 12:36pm
477 Views
Post# 19500016

Wages and Options

Wages and Options

Just for wage clarification Greg receives $123,894, John $132,000, Eric 96,000 and Ruth 31,913 plus options in 2011. (see financials)

As for options there were 181,000 options exercised in 2011 for $964,750 by the same individuals who you see selling the odd shares and I have no doubt that these same individuals will be again exercising more options this year as BKM needs to replenish their cash. (note 8, financials)

The money always ends up back into BKM and we have the management to thank for not having to sell more shares into the market or other controling interest.

 

Bullboard Posts