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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 iamlickzyon Sep 01, 2023 10:57am
174 Views
Post# 35615939

One thing that keeps me going…

One thing that keeps me going…

The MMG Capital analysis; based off a Temas partnership, yielding BONE a 50% ownership stake in Piskanja gave us an FMV of 79 cents a share... that's with 50% ownership!  With the Osmose deal (likely a total bust) and BONE retaining a 55% stake, that further boosts us to 87 cents.

By some act of God, Podbrje gets awarded to us and we can scrap a partnership all together.  That's a $1.58 for BONE and BONE only!  Lanny could buy his own sausage factory and mushroom farm with all those accumulated shares he got from selling Private Placements and Christmas gifts from his cousin Timothy.

The recent metallurgical tests demonstrated higher boric acid concentration than the PEA indicated; which founded the basis of the MMG Capital valuation.  After we grind a few hundred more kgs, maybe that number increases and thus the 'blue sky potential'?

Lanny is convinced the shovels never hit the ground in Serbia and a major scoops us which bodes the questions:
Do we ever get that mining license?
If so, how quickly does a major come knocking?
And the most important question, what does that buy out offer look like?

Share a little hope: for those with experience of juniors being taken out by a Major, what did that look like? Who was the company so I can 'Do My Own Digging'? I'm open to 'Listen and Learn', as I want out of this 'money pit' after hearing so much of Tim's 'canned cr*p'.

Or maybe Tim figures some way to solo this to production and we all get to enjoy 16 years of dividends... one can dream.

GLTA and have a safe and enjoyable long weekend.

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