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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

Post by Nobodysfuelon Dec 19, 2024 3:02pm
184 Views
Post# 36370883

My mewsings

My mewsings


Season's Geetings to all you folks,

I am wishing us all wonderful success for 2025!

I am struck by a few situations from my past and how Boron One behaves. I used to be a technical writer in the telecommunications industry during the dot com hey day. It was a lowly profession amongst all the others. They would heap work upon us with tight timelines. We would balk and say "You're going to have to break it down into sub-steps. No one could accomplish every ask in one project." They woulsn't listen to us, of course. However, about a month later, they would always say "We can't make it all for this release. Let's make it a 1.1." This always broke the seal and there was inevitably a 1.1.1 or a 1.1.1.1. Breaking down projects became the culture.

I'm seeing a little bit of this in our situation with Bone. Not so much from our side, but from the Serbs. Their mining laws are definitely updated. But I'm not sure how much actual experience they have at granting licenses. The closer to the end we get, the most steps and sub-steps seem to proliferate.

I am also reminded of the cockroach theory of investing: if you see one bad thing, there is likely a nest of bad things nearby. I believe the actual advice is that if you see one bad thing, then expect there to be at least 3. We've seen a couple of back and forths from the Serbs. I wouldn't be surprised to see at least another.

Be well,
Nobodyfuel.

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