RE: GOLD frenzy without SohoMatt,
I totally agree. When gold bullion price takes off which it is showing signs of doing, and other shares start to take off. Your concerns are very valid.
I am a avid reader of Jim Sinclair site and in the past he has said (not exactly his words) that 1 million oz is sufficient in being recognized as a sufficient asset. From your calculation, we are at 1.8 million gold equivalent.
So what is the problem?
- no money??
- no partners??
- etc
I will still reserve comments on the management team and Ralph in particular till after this phase. All gold juniors havent moved like we would like so SOHO has a justification for their property. Now it would be very different to see all juniors move and SOHO languish at .05. I would be very very very concern.
I still think those 2 chinese directors can have an impact and capital should be able to coming into SOHO.
We, shareholders, better be rewarded based on our wait. I do agree that our capital can be better utilize elsewhere and waiting at this point isnt the best thing.
VC leaving tha house...