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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 imback22on Feb 26, 2022 12:14pm
291 Views
Post# 34464414

It will take some critical thinking

It will take some critical thinking      I’ve been dabbling in this stock for years, and I also have my doubts about this management team bringing this to reality. For this mine to move forward and into production it will need to be sold off or a hostile take over (which I’ve seen the sign of that happening). The facts are the minerals are there and the world is in increasingly in need of them.  As with most solid investment advice out there that can be predicted every time in a volatile stock such as BKM is this “buy the rumor sell the news” I’ve made all my profit from just riding the Pump and dump of this ill managed and ill reporting to the stockholders. All shares are held by a relatively small group of investors that have just sold back and forth hoping to live the dream.  I’m disappointed by the news but the facts are the facts and political will is fluid. We’ve witnessed discouragement and a passionate selloff. My opinion? For what it’s worth, we’ve oversold through fear, and it will slowly return to its 200-day moving average and then hold for the next move by management and company. This time maybe a different outcome and maybe a little more critical thinking on their part may push this to reality.  
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