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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

Comment by Loughatorickon May 25, 2021 1:09am
265 Views
Post# 33258435

RE:RE:RE:So what happens tomorrow ?

RE:RE:RE:So what happens tomorrow ?

The government website has no information regarding a decision and trading halt should be lifted once that decision is announced. The trading halt is initiated so that small investors don't get screwed while Insiders and large shareholders buy or sell with insider knowledge. 

if the government announcement is favourable, as I fully expect, I feel sorrow for those long-time shareholders who sold their shares in the last few days for a pittance.

I counsel everyone to just hold on for another few hours more.

We have seen the potential in this corporation for years.
The 2015 government report found many concerns; I don't
think that the denial of the EAC in 2015 was purely politicall.

The 2015 concerns have largely been addressed. The Lake Babine
Nation refused to deal with Pacific Booker so that it was
impossible to have a dialog. Now with the provincial government
dealing with the Nation directly, there has been a dialog. I believe
that the Nation now understands that the salmon and the mine can co-exist.

How much will our shares be worth tomorrow - hard to say. I don't think Pacific Booker has the
will or expertise to develop the mine on their own. Further, it will take some time and investment
to get the mine operational. If all goes well tomorrow, perhaps $ 35 to $ 40 per share.

 

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