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Pacific Booker Minerals Inc PBMLF


Primary Symbol: V.BKM

Metals & Mining Industrial Metals & Minerals
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

Pacific Booker Minerals Inc > BKM mine valuation
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Comment by $500,000Salmonon Oct 22, 2021 1:26pm
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Post# 34038130

RE:RE:RE:RE:RE:RE:BKM mine valuation

RE:RE:RE:RE:RE:RE:BKM mine valuation I should mention that my understanding is that the approx 3 million stock options for the management expired this summer and were replaced/reissued at $3. This adds up to approx. $9 million.

Plus they reported cash/working capital of $1.3 million in the July 31st 2021 financial statement.
https://pacificbooker.com/pdf/20210731.pdf

Thus, the approx $10 million needed for the detailed engineering would not cause further dilution.
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