I am enjoying being in the Inner Circle. A friend has been suggesting Pacific Booker Minerals as a promising speculative stock. Your comments on this stock would be much appreciated.
Pacific Booker Minerals, $13.65, symbol BKM on Toronto (Shares outstanding: 12.2 million; Market cap: $166.5 million; www.pacificbooker.com), owns the Morrison copper/gold/molybdenum project in central B.C. Noranda Exploration discovered this deposit in 1962.
Pacific Booker has completed a positive feasibility study and an environmental assessment on building an open-pit mine on the property. The deposit could hold as much as 1.37 billion pounds of copper, 658,090 ounces of gold and 10.05 million pounds of molybdenum.
The feasibility study projects a mine with a 21-year life. The deposit is near roads, electrical power, a deep-sea shipping terminal and the town of Granisle.
The shares took a big jump on April 24, rising as high as $15. A week earlier, the stock traded at $10.
The stock shot up because investors expected the company to receive an environmental assessment certificate from the B.C. government. The company needs this certificate to apply for a mining permit.
However, Pacific Booker’s price jump has been on low volume. On April 24,…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
The contents of this web site and our publications are based upon sources of information believed to be reliable, but no warranty or representation, expressed or implied, is given as to their accuracy or completeness. Any opinion reflects the Successful Investor’s judgment at the date of publication and neither the Successful Investor, nor any of its affiliated companies, nor any of their officers, directors or employees, accepts any responsibility in respect of the information or recommendations contained in the publications or on this web site. Moreover, the information or recommendations are subject to change without notice.
Information presented on this web site or contained in our publications is not an offer, nor a solicitation, to buy or sell any securities referred to on the web site or in the publications. The material is general information intended for recipients who understand the risks associated with an investment in any securities referred to in the publications or on this web site. The Successful Investor has made no determination regarding whether an investment, course of action, or associated risks are suitable for the recipient.
