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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 Myrty1on Feb 08, 2024 4:25pm
190 Views
Post# 35870961

Warrant deal

Warrant deal

Not sure what to make of this offer??  Are these Warrant buyers all the same people that have bought previous PP's over time after time?  I feel management know them by name and probably know what they can get out of them dollar wise and at this stage of the game. By they I mean Management of course.

If anything, they seem to be keeping the shares away from Osmose, unless Osmose bought into the most recent of the 2 PP's??  If Management only need a few hundred grand and they are confident they can get from the faithful, this is not a terrible approach. Take that Osmose. If you want in, we need a rejigged deal.
I am baffled by the time being gobbled up though. Are we talking 5 weeks?!  Incredible painful blow to the gut when we think the documents are going to be submitted any day. (At least I felt that way.). Management just can't do themselves any favours.  Now perhaps they are managing the situation wonderfully, and why wouldn't they be, the staff are literally mining professionals. It's all just too slow. Why wouldn't Tim have warned us this next step will take a little while. Something like, "some things can't be filed for until this is completed, so it will be a little while still..."
Anyway, they will dawdle along at their slow poke pace and ain't nothing we can do about it.  I guess if this PP is a flop, we will be asked to jump in on a PP.
Hopefully they can get commitments from the Warrant holders one way or another early and close this deal up ealrly.

Hang in there friends. Blue skys ahead!

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