RE: GPR a better choice right now!The Soho plan is laid on their website.
Silver is overextended and so GPR is not even a conscideration.
Unless,you are a flipper,as obviously some have been here,driving Soho shares in half.
SOH has a healthy deposit,barely drilled.
Unlike Orko (that has a senior equity partner in GoldCorp) Soho has been unable to strike their paper and develop their deposit through positive NR's.
Soho shares wll rise to the next level(s) independent of what the price of silver and gold are doing WHEN they can finance or partner without punishing their shareholders (excessive dilution).
Taheuheuto has shown its robust nature and now we need management to take Soho to the pre- feas/full feas levels.
The investing public understands when a project is being developed expeditiously and equitably.
Ler's hope Mr. Zhang can help out Orko and if not,that management can bring in a partner or partners that can-and soon.
Lawrence Raulston stopped his coverage of Orko three years ago as he measured Soho's development as far too slow.
I am a large shareholder here and I know others that are,as well.I am not bashing but explaining.
We all want the best for Soho.
Let's hope management can develop Taheuheuto expeditiously- without dilution.
Can Soho management bring in a developmental partner and share this deposit ??
If Mr. Zhang is not our partner in development then we need one.
If he is then I hope he steps up to the plate with cash to develop Taheuheuto without ADDITIONAL dilution to the average shareholder.
Gold Corp's relationship with Orko is an example of how a senior partner assists without hindering the development of the deposit by excessively hindering shareholder equity in early developmental stages.
Soho management need to partner or it will be the average shareholder that is diluted with equity and time if they do not.
Orko's Le Preciosa was drilled and developed in it's entitety and then partnered with Pan Am for mine development while Soho is still looking for cash for pre-feasibility drilling status.
The arguement is valid-they are Durango deposits of similiar wealth (2 million oz Au Eq.).
Orko had the last bull run and a good partner.
Let's hope management can find a good partner or industry financing without hurting us the average shareholder.
Orko has.
Shareholders were rewarded time and time again with a solid,rising share price and soon to be a production company.
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