Boron One Holdings Inc V.BONE

Happy Monday!

[Myrty1]

People ask me, why have you stuck around here so long?  Why not cut bait and go buy some oil stocks and double up and be back to reality?
I say, hey man, the bosses just have to put one step in front of the other and complete step 1, then step 2, and hopefully step 3. Step 1 should get most of us back to the black, or close to it. Step 2 and 3 gets us on BNN.  The hard work has been done, the resource is clearly in place. 
By my back of napkin forecasting, SRK had Erin netting around $67M/year US, when up and running. That was 5 years ago, so I tacked on 20% for increases in the deposit and price of boron. Maybe off by a bit, but good enough. Convert to good old Canadian plastic money, something like $100M CAN. We will get half, and by then probably 200M shares. $50/200, .25/share earnings per share.  At 10 times earnings, call it $2.50/share. Grind that way down, Shine it up, a good $1to $3 and room to grow.  Lots of room to grow. 
All there is is a bunch of paperwork to be done for a while. Erin, Temas, you owe it to your shareholders to move aggressively. Spend your money where it counts. Cut other costs. Get your package into the ministry.  You don't need any great mining knowledge to understand that.
Anyway, that's why I stick around. There is no reason we aren't close to a $1 SP by year end.  So let's get cracking, or take it up a notch.
Oh ya, and voting package came in the mail. Make sure to vote. It only takes a minute.
And let's have a nice holiday Monday if you get one.

[Lanagold19]

Keep in mind when SRK did that report they assumed they were missing something I beleive and didn't they discount us to the tune of about thirty percent just to be on the safe side. Now you take at least some or if not most of that back and add the increase in price now what is your number.. MO. only. 

[iamlickzy]

  Thanks Myrty!  Voting was incredibly easy, just needed to scan the bar code with my phone.  Not that it will make a lick of difference, it was nice to (in some way) voice my concerns with my vote against the current regime.