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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 muley1on Oct 02, 2012 4:14pm
473 Views
Post# 20439479

Who's Doing the Buying?

Who's Doing the Buying?

I would say someone that is smarter than those doing the selling. It is fairly well known that this stock is held fairly tightly by relatively few investors. I would say that the majority of the shares sold today were by those that held fewer then 1000 shares. These shares will dry up in the nest few days and the price of the remaining shares will be higher. There is a mine here in the making and we have received a set back. It will take more time now but eventually this proposal will be permitted. As I mentioned earlier if the Feds do not approve there is still an opportunity to revise the plan and resubmit. There are other options such as trucking or conveyor belts which would eliminate any potential watershed problems.

Bullboard Posts