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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

Post by Believe3on Dec 20, 2021 9:29pm
260 Views
Post# 34248991

Salmon….

Salmon….

Thanks for all your posts and calculations !

You said in your last post "small chance " of denial still on the table this is true in theory but I believe risk is mitigated somewhat by the threat of law suit against gov t 

I don't think govt wants to be sued for 100s of millions in damages as we have a real case and previous case In our favor that was not appealed by govt stating we were not treated fairly ! 

also the reason I have held on to my shares we have the rights to the minerals even with denial in the past so that is worth something at least close to where we are now ... I always figured it would be mined and permitted for the minerals but doubted if I would see it or my great great great grandkids would see it lol ... 

but I did almost lose it when some one else staked the ground and claimed it bc BKM did not file papers !!! 


but I think the fact gold commissioner cut a break / section 17 order rescinded / 30 million set aside in  BC budget for mine damages / BC new agreement with First Nation / Weaver speaking on floor mentioning Booker as unfair process and new mining law all point to a perfect slow progressing story that was put in place to Right  a wrong done 9 years ago ... 

I envision 

permit out right 

permit with conditions to prove certain data points that confirm data  is the same now as they were in 2012 / 2015 as our data they are making decision on is old 

permit with admission of wrong doing by govt (but they won't say it like that ) accepting small compensation with agreement that we won't sue for more damages like 100 million more ! 
 

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