Boron One Holdings Inc V.BONE

Alternate Symbol(s): ERVFF

Metals & Mining Industrial Metals & Minerals

Boron One Holdings Inc. is a Canada-based international mineral exploration and development company with its assets in Serbia. The Company is engaged in the acquisition, exploration, and development of its resource properties. Its project includes Piskanja. Piskanja is located in a historical mining region with infrastructure for mining, including roads, rail, electric power, experienced miners, and others. The site is situated 250 kilometers (km) south of Belgrade, Serbia, accessible by paved roads. Lithology at Piskanja is typical of sedimentary basins, primarily consisting of shales, marls, and limestone, with two primary gently undulating borate beds. The mineralization is primarily dense, compact colemanite with some ulexite. The Company’s subsidiary is Balkan Gold Corp.

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Boron One Holdings Inc

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Comment by Triple13on Oct 07, 2006 11:16am

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Post# 11475865

RE: Arbitration?

Hi blueboron99 EPS, which is the Govnt, will be on the hook until the arbitration outcome is announced. This is a matter between EPS and EV regardless who the new tender bidder becomes and when it is announced. Just to clarify--The Serbian Gov will tender EPS with the potential of a new owner having a liability of an arbitration settlement of 15 million and a threat of much larger lawsuit(lost profits) in the future.I wonder if the Serbian gov will assure the potential bidders that they have taken care of the arbitration(greased some palms on the panel of judges) and it will be a non issue to the new owner of EPS???I can't imagine someone bidding on EPS with the threat of 100million lawsuit down the road.Your thoughts on this issue?

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Advancing flagship Ishkõday Gold Project in Ontario