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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 ChristyClarkon Jun 10, 2013 4:52pm
446 Views
Post# 21508101

Relax

Relax

There is so much negativity on this blog it is almost funny. All these recent posts about the options is completely irrelevant. Yes the option prices decreased and yes the option length increased, but what difference does that make to an existing shareholder? ZERO. It's not as though the board diluted a further 2million shares (options), they simply changed the price and date of when the options expire. The only dilution that has occured in the past 3 yrs+ is the recent private placement of 125,000 units, which I believe is to pay for legal fees. Its BKM Time - you need to understand the process better. Mgmt made the decision several months ago to go the litigation route. Our destiny is in the hands of the justice system and John Hunter. The fact that Lake and Coleman have new portfolios and that Bennett and Polak have assumed MoM and MoE has not changed a single thing. There does not need to be any comunication from bkm to Polak and Bennett. BKM has played their cards and awaits to see if their hand wins or not with the Supreme Court of B.C. determining whose hand is better. Hunter is a sharp lawyer that has a very successful record - imagine what he will do with two no adverse effects decisions! My advice to people reading this blog is to take what people say with a grain of salt. Most of these posts are emotional and lack factual reasoning. The company does not need to refocus. They made their decision and elected the litigation path so now they wait patiently..like all of us should also do!

Bullboard Posts