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Bullboard - Stock Discussion Forum 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... see more

TSXV:BKM - Post Discussion

Pacific Booker Minerals Inc > Collaborative Agreement with LBN
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Post by zerubbabel on Nov 25, 2021 7:16pm

Collaborative Agreement with LBN

Before we get all panicky about this Agreement between EAO and LBN, read the release carefully.  It says in the third paragraph: "...EAO and LBN will work together on FUTURE environmental assessments for projects in the nations territories". Not "current and future".  It would be downright devious, malicious and duplicit for the NDP to tie up BKM in this future process.  I don't think the Courts would stand for it.  The goalposts would not just have been moved, they would have been stuck in another field ten miles away!  The concept of Administrative fairness would be anialated here.
The much more likely interpretation of this is that the provincial gov have been negotiating this for some time with LBN and this is the trade off for approval (at least a more cooperative spirit from LBN) for EAO approval of  Booker. It's just smart politics if I read this right. It may mean no mines ever get approved down the road in LBN lands but it gets BKM approval (and hopefully cooperation from the band rather than protests and disputes over everything).  I hope I have read this right. I am just speculating.  Haven't spoken to a single soul about it and it's just my gut response given the circumstances surrounding BKM and their difficulty in getting their EAO permit.
Comment by dano123 on Nov 25, 2021 7:43pm
Well I hope your right but we are the only project in lbn so called territory and seems odd ndp would do a collaboration with them as it states it's a first agreement of its kind. Would make little sense doing this move seems to me it's more of an obstruction move aimed at bkm to draw out process. I hope I am wrong but it's in ministers hands and do they need to include lbn with the ...more  
Comment by zerubbabel on Nov 26, 2021 2:14pm
Feel free to challenge my assumptions here. As Loughatorick rightly stated, this Collaboration Agreement is the natural follow up to the Foundation Agreement of a couple of years ago. Obviously if this Agreement had been in place when BKM first applied for their permit (under the new legislative framework) the permitting process would be very different for them. But with BKM's permit ...more  
Comment by Loughatorick on Nov 30, 2021 7:24pm
Hi, The EPIC site of the BC Government has a map showing location of EAC's applications. Per my scan, I believe that Morrison Lake proposal is the only one currently under consideration in LBN's   Territory. Amarc, holding the Duke claim immediately to the East of BKM's claim has contacted LBN and obtained consent regarding their prospecting and exploration work.
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