Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 ListenandLearnon Feb 20, 2024 10:10am
163 Views
Post# 35888707

Found it !

Found it !BB, This is how EV announced that they had relinquished the Jarandol's bassin exploration license.

From the MD&A - End of June 2018:


Jarandol Basin License Update Erin elected not to complete the work necessary in order to comply with the terms of its Jarandol Basin exploration license, at this time. Management chose to complete the work required to keep its flagship Piskanja Project license in good standing rather than Jarandol, as there were not the resources available to complete the required work on both. However, Erin is currently working to restore the Jarandol license. Further information will

be provided if, as, and when available.
 

While the Jarandol Basin may hold some potential for boron deposits, it is in the best interest of Erin’s shareholders for Erin to, first and foremost, focus on advancing its Piskanja Project towards becoming a “going concern” operation, and then secondarily look to advance Jarandol as excess resources become available, as Jarandol continues to be an early stage, high-risk exploration target that requires substantial time and money to explore before its potential can be understood.


Noteworthy here is the fact that BONE "elected not to complete the work necessary in order to comply with the terms of its Jarandol Basin exploration license,"  but you're now assuming that there were no such obligations under the lincense obtained by KOP? 

Do I need to remind you that KOP did not do any exploration work on Jarandol under an exploration license that was valid up to February 2022.  If BONE is really serious about Jarandol and has some goodwill left with Serbia due to the "settlement terms" of its lawsuit, NOW would really be time to show it.  My guess is that Tim will bury that "Stay Tuned" announcement as deep as he can and that it's highly likey that a "One miner for One basin" objective will remain unfufilled.

C. C. BB. I. I. do. do. DD.

 

<< Previous
Bullboard Posts
Next >>