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Boron One Holdings Inc ERVFF


Primary Symbol: V.BONE

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 Oct 25, 2024 12:29pm
103 Views
Post# 36282231

RE:RE:RE:RE:RE:RE:RE:RE:Moving ahead?

RE:RE:RE:RE:RE:RE:RE:RE:Moving ahead?BB, A few comments on your post (without criticizing management)...

1 - The "lithium" issue in Serbia has never been tied to Piskanja. And if there was ever an doubt, the vote by the Serbian government 2 weeks ago would have put any such concerns to rest 
(https://balkangreenenergynews.com/parliament-of-serbia-rejects-lithium-mining-ban-proposal/). So I think it's highly doubtful that it would be a brake to any agreements. And even if it was, nothing would have prevented the addition of clause(s) in the agreement to cover such an issue.  After all, if this is a highly sought-after commodity, in short supply, why would interested parties not want to be first in line to ensure that they can secure a partnership?

2 - I've covered the "skin in the game" point of your post earlier.

3 - To me, meeting deadlines in the present case means dragging your feet as much as you can. Keep in mind that the role of juniors is to explore, prove the resource and sell to a major.  EV knew when they were awarded Piskanja some 15 years ago that the Serbs had estimated that it held 7.5M tonnes of borate.  This management team managed to stretch the exploration phase to the limit and were so unfocused that they have been unable to prove more than ~ 2M tonnes.....(Sorry if I'm criticizing management on this one).  So them meeting the Part 3 deadline is far from a badge of honor in my book.

4 - I'm trying not to comment too negatively on your 30-year timeline. Just to say that the DJI had an 11.25% compound annual rate of return over that period and that one dollar invested back then would be worth $24.50 today....

Lastly, a few questions for you,
a). if, for any reason the Pobrdje's license is NOT awarded to BONE before or at the same time as the Piskanja's license, will you still hold the hope\belief that it, nonetheless will one day?
b). Do you think that BONE has enough money to keep going until Dec. 21 without another PP?.

Anyway, December 21st is not far away. Hope you're right on the points you raised. I'd love to be proven wrong - That would shut me up for good !

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