Revisiting why this date may have particular relavence.
Previous news release from November 16, 2020 from company after the gold commisioner upheld our lease from some poachers trying to stake a claim during
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2020) - Pacific Booker Minerals Inc. (TSXV: BKM) (OTC Pink: PBMLF) is announcing that the Chief Gold Commissioner has made the decision to reinstate the Company's Mining Lease #1069796. The Chief Gold Commissioner has given PBM until May 20, 2021 to conclude the application for the lease term renewal. Should more time be required to reach a decision on a mining lease term renewal application, PBM may apply for an additional extension of time.
In the Reasons for Decision document, the Chief Gold Commissioner states, "In exercising my discretion to reinstate mining lease 1069796, the factors I consider to be of particular significance are the long standing exploration history and development, the significant investment of PBM to date, the extraordinary prejudice to PBM compared to the relatively small impacts to the intervening claim holders, and the inadvertent nature of PBM's error."
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On Behalf of the Board of Directors,
"John Plourde"
John Plourde, Director
SO HOPE WE GET NEWS
A. PERMIT WOULD BE LIFE CHANGING AND RELIEF TO ALL THE STOCK HOLDERS WHO HAVE HELD ON DURING THE LAST DECADE OR LONGER
B. An announcement of long term lease would signal that we are heading in the right direction
C. If we do not get some indication of postive news i would be very suprised and disappointed. Suprised because it seems the events are pointing to this date. New mining law, Weaver advocating on the floor and pointing out the EAO unfair process, LBN meeting this week of all weeks to discuss EAO, and finally and i think most significantly, the gov't givning the government the choice to go EAO/SAIR route or have ministers decide on merits of the project. That is why i have stayed with this... for today.
IF nothing happens today , it could be a possibility if the LBN haven't endorsed the project that would provide them with estimated 270 million dollars for infrastructure, housing, hospitals ect ....
IF nothing
. happens from the gov't standpoint / one thing must happen for sure the company has to as per the news release
until May 20, 2021 to conclude the application for the lease term renewal. Should more time be required to reach a decision on a mining lease term renewal application, PBM may apply for an additional extension of time THE COMPANY MUST FILE WHATEVER PAPERWORK IS NECESSARY FOR EXTENTENSION. IM SURE THE COMPANY KNOWS THIS AND MAY HAVE FILED ALREADY BUT WOULD NEED TO CONFIRM THIS WITH COMPANY.
DOES ANYONE KNOW IF THE COMPANY HAS ALREADY FILED EXTENSION.
GLTA.
B3