Boron One Holdings Inc V.BONE

Alternate Symbol(s): ERVFF

Metals & Mining Industrial Metals & Minerals

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.

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Boron One Holdings Inc > Question is lawsuit finished with and closed

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Comment by ListenandLearnon Feb 18, 2024 10:05am

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Post# 35886561

RE:RE:RE:Question is lawsuit finished with and closed

But they just abandoned the project in 2012, getting $Nil in return:

"Erin Ventures Inc. [TSXV: EV] reports that as the result of it being unable to secure a sufficient number of land access/usage leases with the private landowners in the Volujski Kljuc region in Serbia, Erin has chosen to allow this exploration license to lapse and has abandoned the Volujski Kljuc alluvial gold project. As a result, Erin has written down the value of this project to $Nil. Management did not consider the project to be of material importance to Erin".

If this was part of the lawsuit settlement, it wasn't handled very well. They should have anticipated this possibility - That's what good lawyering entails.

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