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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

Post by tdsbon Sep 11, 2022 10:08am
273 Views
Post# 34955034

Cornered

CorneredThey left the share price too low for too long and now they need money. Nobody is going to give Erin Ventures a financing for 4 or 5 cents because you can buy this stock for that on the open market. If they try to raise money the share dilution at 2.5 to 3 cents makes this play too risky and the existing shareholders will be deluted even further. It's a no win situation, but most of the shareholders here think a knight in shining armor will save Erin Ventures. The only thing that will save this company is if they do another jv and in that case they must give up everything. If that doesn't happen bankruptcy is next. CHEERS!
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