TSXV:SOH - Post Discussion
Post by
mattbigham on Jan 21, 2010 4:12pm
Metalnews.com article on SOHO
https://www.sohoresources.ca/inv_media.php
https://www.metalsnews.com/Metals+News/FEATURED/MetalsNews/Ralph+Shearing+and+the+Soho+Resources+Corp+Developing+Gold,
+Silver,+Coppe/Dr.+Allen+Alper/RalphShearingandtheSohoResourcesCorpDevelopingGolFEATURED77460.htm
Taheuheuto is such a robust deposit it is a shame all us shareholders and potential shareholders are asleep from lack of news.
This article suggests the CHINESE contingent is going to foward the project through to production and PEA work is to begin in early 2010.
Tahuehueto Mineral Production
Soho Resources has targeted early 2010 to begin a preliminary economic assessment of the project to assess what steps are required to move Tahuehueto towards production. Shearing discerns that, with the new road, and subsequent positive economic studies, mineral production could start within the next few years.
The start date is somewhat dependent on how large the Tahuehueto mine turns out to be. It will be easier to begin production with a mine that yields 500 tons a day compared to a mine that yields 2,000 a day. The company is doing their best to create a low-cost, low investment-capital mine. To be cost effective, Shearing has been working with Soho's Chinese investors to price out mills in China.
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