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Soho Resources Corp V.SOH



TSXV:SOH - Post by User

Comment by Kratzon Jun 23, 2011 11:08am
366 Views
Post# 18755642

RE: Good Company?

RE: Good Company?
Ive heard,
1. CRAP management (being very polite).
2. No sponsorship in the market. From time to time they pay some third rate newsletter to issue a report that frankly shows how crap management is because the gap between the s p and the "valuation" is 5 to 10 times. 
3. Supposedly a great resource so your grandchildren have a chance of seeing it developed but by then there will be 14 billion shares outstanding . They have no clue how to create shareholder value.  Already pissed off all major/ real buyers of exploration stocks so someone found them some chinese money a while back to perpetuate the management preservation program. 
Bottom line - 
Equals no joy for shareholders but a nice job, salary and expense account for management. 
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