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Bullboard - Stock Discussion Forum Soho Resources Corp V.SOH

TSXV:SOH - Post Discussion

Soho Resources Corp > NI 43-101 release
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Post by brax21 on May 11, 2009 11:27am

NI 43-101 release

A clip of the release

Headline: Soho Reports 7.377 Million Tonnes Measured and Indicated Plus4.868 Million Tonnes Inferred Updated Resource Estimate for Tahuehueto Project,Durango State, Mexico

Symbol: SOH

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 11, 2009) - SohoResources Corp. - (TSX VENTURE:SOH) (\"Soho\" or the \"Company\") is pleased toannounce the completion of an updated Canadian National Instrument NI 43-101compliant mineral resource estimate for its Tahuehueto property in DurangoState, Mexico (\"Tahuehueto\"). This resource estimation has been prepared byScott E. Wilson Consulting, Inc. (\"Wilson Consulting\") based in Englewood,Colorado. Wilson Consulting is a full-service mining engineering firm,specializing in all aspects of exploration, mine development, and mineoperations. This resource estimate is an upgrade to the Company's initialresource estimate announced on April 30, 2008 and is based upon detailedgeological modeling of veins and stock-work zones that was not available for theinitial resource estimate plus the results from 71 new drill holes targetingdown-dip and along strike extensions of known mineralization outlined in theinitial resource report of April of 2008.

Comment by vc7644 on May 11, 2009 3:24pm
These are fantastic numbers......using the metal prices in the report, we come in at 1.8 million gold equivalent ozs; well over the 1.5 million expected.More orders have been coming out of HSBC, I see them accumulating still.....................
Comment by gbcoish on May 11, 2009 3:32pm
Fantastic numbers, fantastic value says me, $1.5 billion dollars give or take a penny or two. R !Bert
Comment by brax21 on May 11, 2009 4:11pm
Too bad the current share price isn't fantastic :) I though there would be a positive share movement rather then the opposite. Time will tell...
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