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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 26, 2024 11:20am
140 Views
Post# 35899145

RE:Next week should be Go Time!

RE:Next week should be Go Time!I agree Myrty, Jarandol 'sexploration license is fine as long as BONE doesn't throw any money into it before the SP is at a decent level.  That license is valid for the next 2 years but can be taken back if no exploration work is done on it.  That work as to be reported to the mining ministry on a yearly basis.  BONE had to agree to do a certain amount of exploration work every year to keep the license in good standing.  So they better hurry up and prop the SP if they're planning to do whatever they agreed to this year. As a side note, if they're planning on to throw it in the sales package, the longer they wait, the less it will be worth because of the above limitation.  Anyway, Jarandol is 70 times as big as Piskanja, can you imagine how much time it will take for BONE to explore it ? 

As for the # of outstanding shares and warrants, the last time we got close to 300M OS, we had a 7:1 share consolidation :-(  Shares before that time are still heavily under water. There's around 2M options  and 40M warrants out there right now so it seems we could get close to that # again :-(

Let's see what this week/next week brings...
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