What is the downside here ???` You have to wonder when buying shares of this company that I paid bought at 50 cents and sold at 70 cents for a few years back - NOW SELLS FOR 1 CENT ????? Where is the downside here ???? Is it going to half a penny ????
They still have the same resources of about 2.4 billion dollars in metal in the ground that is known. And the company now has a market cap of 3.2 million ???? Is this some kind of joke ???? They still have the properties that have many unexplored and undrilled resources to be found.
Site goldminerpulse.com have SOH selling at $1.88 for each equivilent ounce of gold...... thousands of percent lower that all other miners. Each share has over 13 dollars of metal at current prices for 1.5 cents !!!!
You will find that there are 100 of millions of shares sold naked short on this one..... like all other miners by the Gold Cartel. But since a stock price cannot go negative, they have played this one out.
Admittedly.... management sucks..... Ralph needs to sell this to someone that will finance the building of a mine........ but at the current price it can only go up. Way up.