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Pacific Booker Minerals Inc PBMLF


Primary Symbol: V.BKM

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

Post by $500,000Salmonon Nov 11, 2021 2:15am
439 Views
Post# 34113511

A great time to buy? I'm not too worried about no time line.

A great time to buy? I'm not too worried about no time line.It has been 8 long years since the Judge said to send the BKM file back to the Ministers.

I do not think the Judge will look favorably on the government for the 8 year delay. I also think if the government delays again for even a few months without a legit excuse, that the Judge will be even tougher on the government.

I usually try to play the devil's advocate in order to see if I am missing something. 
My opinion is biased being a shareholder and on top of that i am not a lawyer. That said, I have not been able to come up with a legit reason for denying the permit this time around or for taking 8 years to send the case back to the Ministers.

My guess is that we will get the permit this time and that it will not take more than a few months. Of coure I was wrong in 2012 and again in 2015. However it seems different this time around, as the true history of what actually happened, as written by BKM, was posted July 19th. 

Further delays IMO will cost the BC government dearly and they are probably fully aware of the potential consequences.

I see this as a good time to buy more bkm shares, as IMO there is a legit chance, 50%, 70% or 90% that we will finally be rewarded for our patience with the permit.



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