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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 zerubbabelon Jan 08, 2022 2:09pm
224 Views
Post# 34296389

RE:TFSA Locked and Loaded

RE:TFSA Locked and LoadedHey Jimthebull, I was reading your post of January 6th again where you recommended young investors load up their TFSA (Canada only obviously) and attempt to hit a home run on this one. I think you are right. Obviously every investor will have to think this one through for themselves and make their own decision about their risk comfort level. If you think about risk reward, here is what some of you have been essentially saying (and I merely reiterate): Put 5 or 6K new monies in your  and your spouse's TFSA as your 2022 contribution. Buy 1000 BKM shares in each account. If Booker fails to get approval, your investment shrinks to $1500. (Assuming drop to $1.50/share. If it Gets approval, value goes to 80-100K within a year??  All tax free. Not sure many investment opportunities out there like this one. Got some risk? Sure. But I just like the odds. 
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