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Boron One Holdings Inc V.BONE

Alternate Symbol(s):  ERVFF

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.


TSXV:BONE - Post by User

Bullboard Posts
Comment by Stradeskion Nov 29, 2006 5:19pm
176 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