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Boron One Holdings Inc V.BONE

Alternate Symbol(s):  ERVFF

Boron One Holdings Inc. is a Canada-based mineral exploration and development company with its assets in Serbia. The Company is engaged in the evaluation of mineral properties in Serbia. Its project includes Piskanja. The Company's Piskanja property covers an area of approximately three-square kilometers. The Company’s subsidiary is Balkan Gold Corp.


TSXV:BONE - Post by User

Bullboard Posts
Comment by Stradeskion Nov 29, 2006 5:19pm
174 Views
Post# 11774342

RE: What Next?

RE: What Next?Hi RJM. "Now, if Erin runs the New Zealand-type floating dredge for 12 hours / day for 365 days, they could process 432,000 yards." I am not sure if I read it in a press release or if I was told this but I believe that they only have about a million yards of this gold bearing gravel. With your calculations, that would only be 2 years worth of production. It is nice cash flow and would perhaps stop some PP in the short term, however, it does not add long-term value to shareholders. They will need to drill the areas where they believe the source of these gravels are and if they run deep, then we will have something in Belize. The drills will tell the tale.
Bullboard Posts