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Bullboard - Stock Discussion Forum Soho Resources Corp V.SOH

TSXV:SOH - Post Discussion

Soho Resources Corp > China's buying frenzy include Taheuheuto?
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Post by mattbigham on Sep 01, 2009 1:00am

China's buying frenzy include Taheuheuto?

Soho's largest shareholder is a prominent Chinese national.

Soho's board has 50% Chinese nationals/Canadians represented therein.

China is dumping the US treaaashuries en masse right here and now.

Surely,Taheuheuto is not that hard a sale-is it?

If so,why?

China is buying all the deposits of copper,oil,gas,zinc,gold-anything it can.

Where are we in this equation?

VC?

PetroChina to take 60 percent stake in Athabasca Oil Sands for $1.7 billion
Bureau News
August 31st, 2009

PetroChina to take oil sands stake for $1.7B

TORONTO — PetroChina Co., Asia’s largest oil and gas company, is making a $1.7 billion investment in the Canadian oil sands.

Athabasca Oil Sands Corp. said Monday that PetroChina is buying a 60 percent working interest in its Mackay River and Dover oil sands projects in northeastern Alberta.

Comment by vc7644 on Sep 02, 2009 3:43pm
Matt,Through other companies, i started to notice those who have capital invested in a company generally want to sit on the board....seeing those chinese directors makes me think this is the samethey will take care of our investment because they have a stake in the company...much larger i bet.  There is no use constantly looking for news on a partner when they may already have that partner in ...more  
Comment by mattbigham on Sep 03, 2009 9:04pm
VC,If the partner is in where is development of Taheuheuto?Without an infusion of cash from our 'partner' SOHO shareholders hold dead money.Gold has reached $1,000 now.I think we should express concern.No interest whatsoever in Soho Resources by the general public despite a robust deposit and 1.8 million oz au eq delineated.Now we all should be asking management how the average ...more  
Comment by vc7644 on Sep 04, 2009 8:27am
Matt,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 ...more  
Comment by mattbigham on Sep 04, 2009 11:22am
Good one,VC.We have to be truthful here as Mr. Market has done their  DD.The market has spoken.Taheuheuto has shown itself to be a very robust POLYMETALLIC deposit.It is not a pure gold deposit although gold is heavily prevelant.To date Taheuheto has a 251,000 measured and 248,000 oz Au Indicated resource base.Soho indicates a calculated   165,919 ounces Au present in the ...more  
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