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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 Oct 26, 2010 6:17pm
407 Views
Post# 17615507

rusmart

rusmart"So EV did a favor for them second times with a recent PP at cheap price of 0.10 (not 0.15). EV gave them more chances, knowing that this guys control  (cap) the price, and someone within the company gets 10% finder fee too! See any connection there?"

You have just made an assumption that the people that have sold recently are the people that have just participated in the latest PP.  I would not make that assumption.  I do not believe that to be the case.  Likely a point we will not agree on.

Who cares about the finders fee?  If the price was $1 and they raised $600,000 by issuing 600,000 shares as opposed to 6,000,000 shares at 10 cents, the finders fee would be the same.  If we are at $5/share and they do a brokered PP for $6,000,000, the broker will get a fee equal to 10% of the shares brokered.  I don't see any connection with what you consider to be a cheap PP and a finder's fee.  Once again, likely a point we will not agree on.

IMO, hang on to your shares and take advantage of the pause.  If there are games being played, they can only be played for so long.  We are sitting on a multi-billion dollar asset and have a market cap of only $12.5 million.  The market will realize this.  I believe if we sign a JV with a large multi-national chemical company, the market will be looking at EV in a whole new light.  No one will care that someone made $60,000 keeping the company afloat.  No one will care if games were played with the stock price when it was 10 cents.

Bullboard Posts