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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 johnyqueston Jan 08, 2022 11:41am
198 Views
Post# 34296102

RE:Due Diligence

RE:Due Diligence

Quick question gldsil, if you had a position in Booker prior to the initial permit denial, why would you have sold before the decison was announced? This is the first time I heard of someone selling before the denial of the permit was announced. Just curious.

IMO, I think the long time holders have loaded up all they can on the stock already, with a few more shares added when possible(like myself), hence the share price hasn't taken off like it did prior to the denial. I agree with the thought that the share price will trend higher in the coming days in antisipation of a positive result. Would be great to see it get to the $15 level. Haven't seen a lot of promotion, maybe John is saving it for after the approval when it matters most.

I honestly believe John has done a great job managing the company through all the landmines put in front of him by the previous gov, while keeping the overhead costs down. Asuming common sense, facts and science are incorporated into the decision, an approval should be iminent, but not guaranteed. Hoping, praying, crossing fingers and toes.

 

Johny

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