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Bullboard - Stock Discussion Forum 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... see more

TSXV:BKM - Post Discussion

Pacific Booker Minerals Inc > LBN - Morrison Mine proposal
View:
Post by Lynx9 on Nov 16, 2021 12:58pm

LBN - Morrison Mine proposal

Comment by $500,000Salmon on Nov 17, 2021 1:28am
Lynx9 ... REALLY? Learn who your dealing with ... AGREE understand where their coming from and then talk ... AGREE but not with money, this is life style and tradition ... REALLY??? Didn't LBN negotiate for several million in cash over time ($50??) plus forestry rights estimated to be worth several more million ($150??) It was about money and rightfully so. Cutting down trees and selling ...more  
Comment by uptowndog1 on Nov 17, 2021 12:58pm
Well it's 120 days tomorrow, 4 Months, since Ruth report, Nothing happening which is nothing new to anyone who has been with BKM long. Salmon & Lynx IT"S ALL about the Money, Indians want top dollar same as everyone else in this world. But saying it's lifestyle and tradition is far from the truth. Money is the root to all evil, Just look at all the rich politicians, story told ...more  
Comment by Playtolive on Nov 17, 2021 2:10pm
Know for a fact that 10 years ago when the mine was rejected they where meeting with potential buyers in Manhattan... That was almost 10 years ago.. with the price of copper now if gets approved hopefully gets taken out quick.. with only 17 million shares out 40 or 50 dollars is low.. time will tell
Comment by $500,000Salmon on Nov 17, 2021 2:21pm
UptownDog, you know that thewre are only 20 million shares fully diluted. $40 - $50 per share implies a valuation of only $800 million to $1 billion. The NPV or Net Present Value using the 2010 working model show approx a $3 to $4 billion NPV with a 5% return. And this does not include the 500 million to a billion extra pounds of copper because of high ore prices. This is an extra $2 billion to ...more  
Comment by uptowndog1 on Nov 17, 2021 2:46pm
Salmon, I realize what there worth, but just saying we can't get by $2.40 a share right now and wondering if EAC will these people selling at such a low price if we will see $20. That said I'm sure you are correct in your Numbers, I'm not disputing your $$$$$ per share, It's will people buy at $50.00 a share or anywhere close. We have had boy cried wolf to many times, people are ...more  
Comment by $500,000Salmon on Nov 17, 2021 3:19pm
Yes UptownDog I am confident with the EAC that the price will be high. Why? Simply because there will be a different group of buyers/investors. Currently, my sense is that there are few new investors in BKM. Rather the shares just trade back and forth amongst ourselves. I believe this to be the case because so few shares are traded.
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