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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

Post by blueboron99on Dec 15, 2022 12:08pm
137 Views
Post# 35173445

Serbia PM Sees No Chance in Reviving RT Li Project

Serbia PM Sees No Chance in Reviving RT Li ProjectInteresting times ahead for residents of Loznica in Western Serbia!

https://www.kitco.com/news/2022-12-13/Serbian-PM-sees-no-chance-for-reviving-Rio-Tinto-lithium-project.html

https://balkaninsight.com/2022/04/13/its-not-over-the-past-and-present-of-lithium-mining-in-serbia/

In July last year, Loznica local authorities amended the municipality’s spatial plan in order to align it with the spatial plan already adopted for the special purpose area of the Jadar project, previously adopted by Governments Decree. Agricultural land was reclassified as construction land, railway lines were moved and gas pipeline plans changed. All that, even before the project had received the necessary permits.

According to the Podrinje Anti-Corruption Team, PAKT, an NGO in western Serbia and fierce critic of the Rio Tinto project, the Faculty of Mining and Geology has earned more than million euros from Rio Tinto for research work. Professor Biljana Abolmasov, the dean of the faculty, told BIRN the sum was around one million, but over a period of 17 years. “The work of our experts costs,” she said, but denied Rio Tinto had any influence over the objectivity of the faculty’s staff. Rio Tinto has not confirmed the sum.
Some things just never change!

https://balkaninsight.com/2021/10/25/lithium-lobbying-the-mining-plan-in-serbia-thats-too-big-to-fail/

I find it really out of character for a Major global mining Company to spend $X amount prior to obtaining the necessary permits for authorization to complete work?
Red flags tell me shenanigans between RT & Serbian employees in positions of authority were probably occurring prior to the shutdown of the Li Project.

You have heard the expression "where there is smoke there usually is fire".This definitely is not the squeeky clean image you want  to portray when your trying to get into the EU club!
   
(bb-99)
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