February 18, 2021
At a little over $500 million capex, the Morrison Lake copper-gold mine is comparatively small, and the company behind it – Pacific Booker (TSX-V:BKM) – is also small.
Small enough that it can be kicked around like a political football until it deflates.
At least that seems to have been the strategy of the previous BC Liberal government, and the BC Environmental Assessment Office (EAO), which put Pacific Booker through a 10-year review process that ultimately found the project had ticked all the required boxes, and then denied the project a permit anyway.
Following a BC Supreme Court ruling requiring the project to be reconsidered, the Morrison Lake mine continues to languish in a supplemental environmental assessment process under the current BC NDP government – a process so slow and capricious that former BC Green Party leader Andrew Weaver, who retired from politics, is still bothered by it.
Read More: https://biv.com/article/2021/02/morrison-lake-mine-plan-still-limbo-after-18-years