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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

Comment by ListenandLearnon Aug 30, 2021 9:16pm
82 Views
Post# 33786159

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why is this stock still sleeping

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why is this stock still sleepingSo you think that most of the investors that had bought during the EV pre-consolidation era would, once post 7:1 consolidation, double down and invest in the same losing stock. Let's do the math and put this to rest:

Let's say I had $100K invested pre-consolation at 10 cents (using 10 cents instead of your 20 cents suppostion so starting twice as good as your basis). So, at that pre-consolidation time, I'm holding 1M shares but only 142K share after the 7:1 consolidation.

So post-cosolidation, I start buying again at 10 cents/share (with my original 100K$ now worth (@ 10 cents/share: $14,285 -  I'm in the hole by over $85K). Notwhitstanding my loss, I think this is a 5-bagger from here - this thing is going to 50 cents easy. So my initial $100K would be worth (once the SP has quintuple) about $71K. I'm still $28K or so in the hole, so I would need to buy over 71K shares at @ 10 cents (going to 50 cents) to end up even with this investment
To summarize (regardless of the original @ of shres), post consolidation I need to buy 72% of the total # of shares I owned pre-consolidation to break even when/if this stock goes up  5 times?!?!? Does this look remotlely like something a reasonable investor would do? Is this something you would consider doing ? or does this seem seem like doubling down and throwing good money after bad? Regardless and I'm repeating myself, LONG-TERM SHAREHOLDERS WILL NOT BE MAKING MONEY OFF THIS INVESTMENT. Not saying you won't but I doubt you would have followed the stink and doubled down over a 10-15 year period.

So when King Lanny states that he bought in a long time ago in 5 vents PPs, you can easily check that (1) EV has never made any PP in the 5 cents range " a long time ago" - on the contrary PPs were priced about 20 cents pre-consolidationfor the most part (or $.1.40 post-consolidation), and (2) there is no way that, once you paid that kind of $ to buy into PPs, you could ever make a profit on your investment (unless you throw huge amount of cash at this). This guy is a troll - that's the only thing I want to prove here. I'm not going to save the world but I hate trolls with a passion and this one is not very smart at what he does..
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