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Bullboard - Stock Discussion Forum Soho Resources Corp V.SOH

TSXV:SOH - Post Discussion

Soho Resources Corp > Re: What is the downside of this ???
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Post by GOLD8888 on Sep 07, 2012 3:53pm

Re: What is the downside of this ???

The website goldminerpulse.com is run by this guy that tracks a good percentage of the gold stocks and then he does valuation assessments on several of the gold stocks. Click on Gold Stocks Tab and then look up SOH (in alphabetic order). Well, he does a valuation assessment of SOH that is fairly conservative and he sees the stock at .34 cents based on current resources. (Click on blue B to see valuation). So, when you consider that the property has much more resources to be drilled out and there are other properties that are basically unexplored - This stock would be a steal at 25 cents in buyout.....

Imagine though that when gold was one third it's price and silver was one quarter the price it is now - this stock sold for 70 cents 6 years ago. Granted... there has been dilution of shares..... but nothing much has changed except that the resources have increased slightly and the the metal prices are double or triple. So the current valuation is just plain insanely cheap.

This is a result of naked shorting at the instruction of the Gold Cartel. They do not want anyone to make money on gold and to quell gold excitement they spank gold stock investors mercilessly while in tandem suppressing the metal prices. Gold competes with their "print all they want" dollar. They own the paper markets and can gut gold stocks using their corrupt Canadian market trading houses to naked short and do tape painting and many more dirty tricks. Meanwhile the gold ETFs like GLD have sucked in billions of dollars of gold investor capital that would have gone to the gold stocks if the ETFs were not around. These ETFs claim to have gold bullion... but only have pictures of gold bullion on their web page. Supply is very tight and their suppression is unwinding.

So today... this stock has a bailout price of 25 cents - but I see the metals soaring as the global economy melts down after the elections - so if you can get 100,000 shares for 1500 bucks then every penny the stock goes up..... you make 1,000 bucks. Cha Ching. I plan to 10 times my money on this by buying big the last few days. No downside and only upside. This investment stuff is easy.

Comment by golddigger88 on Sep 07, 2012 7:12pm
Interesting response.  You are right in that its a bang for the penny.  And at these prices and a takeover most likely over the next few years, you will definitely make good profit when its bought out.   Hope it does.  It would be sad to see a great property wasted!
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