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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

Comment by ListenandLearnon Feb 20, 2024 8:23am
100 Views
Post# 35888420

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

RE:RE:RE:RE:RE:RE:RE:Question is lawsuit finished with and closedYes, I did say it was a strange deal didn't I, BB?

For Jarandol: Who else has ever had an interest in Jarandol? Seems to me if there was ever interest from someone, they would have shown their cards between 2018 and February 2020, when neither Erin nor KOP hold the exploration rghts to Jarandol (I could even add the tieline between February 2022 to today as I believe it's highly doubtful that Kop still retains those rights - but that's another story...).

- INTERLUDE
Did you noticed that BONE never came out with a formal NR re: relinquishing their rights to Jarandol but rather buried the news in a another NR - which a cursary reseach did not identify (but that's another story). 
-END OF INTERLUDE

So no one but BONE has ever shown any interest in Jarandol but yet it's worth big $ when it comes to negotiate it as compensation of a $20M Cdn lawsuit?  Seems pretty Trumpy to me ? 

In short, BONE could have just applied for the Jarandol's exploration license, same as with any other available exploration licenses in Serbia with no string attached. So let's assign a value of $0 for this item as part of the lawsuit compensation.

So we're left with the value of Pobrdje, of which I'm waiting on your input as "I have spouted incorrect value and have no clue on Pobrdje's value" as you so delicatly put it.

Maybe the agreed lawsuit compensation was just BONE's way of being nice to the natives (as minepic stated) - but would you really want to do business in such country if that was the case?

Anyway, I still think it's a strange deal......You'll really have to show me otherwise.

Now, where's that d@mn application?  
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