Gold is @ $1018!VC,
Soho has an excellent deposit in Taheuheuto with no funds presently available to advance the project.
If the Chinese were to assist in developing Taheuheuto this share would react accordingly.
Soho needs equitable partners that will not dilute shareholders further.
Soho management is well aware of this but if Soho cannot bring in a partner to assist development it means the deal is not there-for whatever reasons.
Management and the large shareholders (directors) continue to collect their pay.
Dilution is at a questionable level now so Ralph is well aware of his position.
VC,if the Chinese were to assist development of the project expeditiously and without shareholder dilution for a larger control of the project why has it not happened ?
Where is the deal?
The Chinese contingent now control 25% of Soho for two million dollars(1.8 million oz AU Eq).
I would say Ralph did more than enough to accomadate the Chinese -at shareholder dilution expense.
VC,it is about development of TAHEUHEUTO and assisting Soho without punishing shareholders.
If the Chinese were to advance this project with financing they would assist themselves with a rising share price.