Shoshone Silver/Gold Mining Co., Inc. (fka SHSH)

[Montanore]

A lot of the penny miners such as SHSH remain in slumber land. It will take a lot higher silver and gold prices for them to wake up. You'll notice that some of the bigger miners--those actually producing---are moving up now, and that's a good sign....but few will buy the small, speculative Silver Valley miners and others until they start to gain some momentum. Nobody wants to buy them now due to non existent volume and huge spreads. They're easy to get into and look cheap, but they'd be hard to get out of if gold and silver get slammed again.

[sanbrunobaby]

I agree with Ryan's contacts and experience SHSH should do something as long as he remains involved.

Ryan been around a while with some ventue working some not, but overall he has experience to do something with Shoshone.

Prior management kept company alive but didnt seem to have strategy to finance and market company, but I think deserve credit for keeping company alive.

Just a sleeper right now, but I cant imagine Ryan got involved for no reason !

[Montanore]

It's too bad the Crosby nephew can't sing nearly as well as his uncle, but he's a better golfer and knows the mining biz. Ryan was instrumental in getting US Silver going....and that's one of the few penny stocks I've seen really put in a nice rally. Of course, US Silver was legit under Parker and not a scam...too many penny stocks are. SHSH is not a scam, but it did lead people on a bit a few years ago with the mining and milling. Now, like many of its Silver Valley peers, it has gone quasi-dormant.

It will take much higher gold and silver prices to get them going again. US Silver has the highest production costs perhaps in the world and had to shut down some operations and lay off some people when the banksters rigged silver prices down.

[sanbrunobaby]

Crosby and Ryan have been involved in many companies, some worked, some didnt. But they certainly know how the junior exploration business is run and hopefully when the market turns Shoshone will turn with it. Not many companies left in north Idaho compared to even 10 years ago let alone the old Spokane exchange days.

[Montanore]

As far as I can tell, they still own legitimate properties and are run by legitimate people. That said, I've been wrong before with penny miners, but the fact that this has never been hyped or pumped is a good sign.

[sanbrunobaby]

Why a scam ? the company owns some real assets, a lot of exploration ground. it doesnt pump out constant press releases nor incur lots of convertible debt, disclosure seems in accordance with SEC Guide 7. Management put together some successes before.

[maxgun]

BEWARE!!! this is just another sanObumOcrybaby scam.

[sanbrunobaby]

I just think there are many alternative paths with this one, and people involved certainly have experience as deal makers. I am a bit surprised they dont do 1 for 4 reverse to get price more to area they can do something with it- many brokers wont even take stocks form a private placement under $.05 now.

I wouldnt buy for a very short term speculation, but over a 12 or 24 month period could do quite well.Same would go for a few other Pacific Northwest stocks such as NJMC, CHMN and perhaps ASLM.

[Montanore]

With so many mining scams out there, this one still looks interesting to me. The leaders in place aren't scam artists. Their properties are legit. They don't pump to dump...otherwise this wouldn't be dormant like it is...it would be close to no bid instead.

I'm done with penny stocks, but I still follow them and this would be one I'd probably try to buy.

That said, I don't know if this is the bottom or not. Gold could easily go back to just over $1,000. Silver could also go lower before bouncing. Over the short term it depends on where the global elite banks want it to go. Long term...how can PM not go much higher...?

[sanbrunobaby]

time to buy : appears to have bottomed out. unlike many otehr sthat go sub-penny they dont have convertible debt. many projects that can be sold or joint-ventured in a stronger market.

my opinion is anything under $.10 is a good price to accumulate

[carl405040]

[77_]

so many have gone sub-penny

gotta think SHSH will try sub-penny like the others:
SDRC GBGLF SFMI GPXM TRON IROG GNMT LNXGF GHDC GCMN

looking for lows about aug 3rd for a 2 month run-
http://www.cxoadvisory.com/5710/calendar-effects/any-seasonality-for-gold-or-gold-miners/

cheers!

[Montanore]

I doubt they'll produce anything any time soon--not with how PMs got slammed. US Silver laid people off. Revett, too...costs are too high.

[carl405040]

The question I have is how close are they to production. Agree with your points but like many do they have any money at all. I follow Carlisle Gold that actually has found gold all over the place but has not the funds to dig it up. Both these outfits seem to be selling at almost nothing in regard to their potential. Both however seem like takeover/buyout candidates rather then actual producers.

[Montanore]

Still dormant. Anything under a nickel seems like a good bargain, but who knows at this point?

[Parabelle]

Looks to be waking up from a deep sleep!

[EasyBet]

10-Q, 8-K ON FILE. UPGRADE FROM PINK TO QBAll the right moves.

[Roy London]

played this last move..back to watch

[budsk8]

news


Shoshone Silver/Gold Acquires World Class Exploration Properties In Beaver County, Utah
7:00a ET November 7, 2012 (PR NewsWire)
Shoshone Silver/Gold Mining Company (OTC-SHSH) (OTCQB-SHSH) announced today that it has acquired 100% of the outstanding shares of Bohica Mining Corp. ("Bohica"), a Colorado corporation with assets in the San Francisco Mining District in Beaver County, UT. The properties owned by Bohica consist of a 50% interest in the past producing Imperial Mine (7 patented claims) and a 100% interest in the 55 unpatented mining claims adjacent to the Mine. In the acquisition transaction, Shoshone issued 6.2 million shares of its common stock for 100% of the Bohica shares.

Shoshone's Chairman, Greg Smith, announced, "We believe this acquisition places us squarely in the path of a major discovery at the southern end of one of America's most prolific mineral belts. We believe that this property gives our shareholders real exposure to significant potential mineralization in an historic mining district."

The Imperial Mine is a nearby neighbor to the famous Horn Silver Mine, which produced over 17 million ounces of high grade silver lead ore in the early part of the 20th century (+50 opt silver and over 20% Pb), with large tonnages of high grade oxide zinc (+14% Zn) left behind. Other properties in the District, including the Cactus Mine, had substantial production of high grade copper, lead, zinc, gold, silver and tungsten.

Mr. John Reynolds, a veteran geophysicist and President of Bohica, concluded, "The skarn mineralization in the Imperial Mine along the contact of the underlying intrusive suggests the potential for a very large mineralized body associated within the intrusive similar to other locations within the Utah mineral belt. All of the indicators, geological, geochemical, and geophysical, are in place on this property to warrant an extensive, focused exploration program for a major discovery."

Past production from the old Imperial Mine was developed through a 1,200 foot adit, with several crosscuts, raises and winzes in a replacement or skarn type copper-silver gold ore body hosted in a limestone bed along a quartz monzonite contact. Historically, copper grades reported ranged from 1.4% to 14.0% Cu, with gold values around .05 opt and silver values around 2.8 opt. According to a 1973 report by G. E. McKelvey, "Imperial Mine mineralization is located at the contact of the southern edge of the Cactus Quartz Monzonite stock of the San Francisco Mountains and a structurally complex sequence of Paleozoic sedimentary rocks."

A Shoshone spokesman said that Shoshone is currently evaluating the best approach to proceeding with the exploration of the San Francisco District.

Shoshone Silver/Gold Mining Company is an exploration stage company based in Coeur d'Alene, Idaho. The Company was founded in 1969, and holds mining properties and mineral claims in Idaho, Montana, Arizona, Washington and Utah.

[Ohman]

Still looking for a mining company in or close to production and I like the silver asset as I think silver will move up. I am also impressed with the officers and BOD members. Nice to see a CEO with experience in the mining industry.

Will be watching for an entry next week.

[Montanore]

Time for Rip Van Shoshone to wake up now!

[Montanore]

Silver and gold continue to break out higher. SHSH will wake up and go back to .20 - .30 easily.

Maybe a year from now we'll see dollars.

[EasyBet]

Greetings,

Any opinion about a specific stock or it's management or promoters is acceptable and valid on these forums.

Due-Diligence and Opinion are two different things. Due-Diligence claims will be backed up with evidence whereas opinion generally has no valid basis that can be proved one way or the other.

It is more a question of the reputation of the poster at risk here than anything else.

Those who provide solid data that can be researched and validated are the most sought after gurus found on these boards. Those who shoot from the hip never build a following and their opinion is deemed worthless.

Personally and strictly from purely a greedy perspective, I would like to see SHSH fall to .06 or below. I have buy orders in better than that and will keep buying it and buying it. The share structure alone should be enough of a clue about the true value of this company.

I have not found another company with similar potential productive assets selling at these multiples. Just about any productivity is going to send the pps flying. If you look at the properties that are currently supposed to be under production and project the income it isn't difficult to get this thing to $1.00 per share. However, I think these guys want to build a $5.00 company and it looks like they are making all the right moves.

Good luck to all and enjoy your profits.

[Montanore]

You can't provide a link to any paid promotion because it doesn't exist.

You are here to make stuff up, apparently. Good luck.

[g0nz0]

The message is relevant to the stock.

SHSH is a bad company. This recent spike in price will soon drop. In my OPINION I believe some shady promoters are getting behind this. This is all my OPINION and this message complies with all rules of the TOS.

[Montanore]

You aren't here to post relevant info on SHSH. There is no paid pump going on. I asked you to prove it. You can't. You are here to harass me because another stock you were stuck in collapsed today--it collapsed just as I predicted it would. If I get removed as moderator, so be it. I hope that brings you some consolation for your loss.

Now...please restrict your commentary to SHSH and not my moderating duties.

[g0nz0]

"Of course, mistakes are occasionally made and posts are removed in error. When a deleted post is clearly not a Terms of Use violation, most times it will be restored without asking any questions. However; if there are too-frequent deletions made "in error" by the same Moderator, they will receive a private message to address the situation. Moderators who are unable to act within the defined scope of their position will be relieved of their position."

Stay tuned for your private message :)

[g0nz0]

http://ihwiki.advfn.com/index.php?title=Handbook#Deletion_of_Posts

Mod Handbook. Show me which rule I broke and why my post was deleted. I assure you all of this is being streamed and recorded in real time as you erase my post.

[Montanore]

I'm deleting your post since you can't back it up with evidence. Also, an argument where it's up to ME to prove your allegations is an argumentative fallacy known as:

Argument from ignorance, also known as argumentum ad ignorantiam or "appeal to ignorance" (where "ignorance" stands for: "lack of evidence to the contrary"), is a fallacy in informal logic. It asserts that a proposition is true because it has not yet been proven false, it is "generally accepted" (or vice versa). This represents a type of false dichotomy in that it excludes a third option, which is that there is insufficient investigation and therefore insufficient information to prove the proposition satisfactorily to be either true or false. Nor does it allow the admission that the choices may in fact not be two (true or false), but may be as many as four, (1) true, (2) false, (3) unknown between true or false, and (4) being unknowable (among the first three).[1] In debates, appeals to ignorance are sometimes used to shift the burden of proof.

[Montanore]

Link, please.

[Montanore]

Who is promoting it? This has been dormant for months. LOL

[g0nz0]

I would bail out myself. I heard the people promoting this thing are a bit shady.

[Montanore]

Good buying opportunity if it does get to .06.

[g0nz0]

Nah it's not waking up. I think this stock is falling back to sleep. Maybe even a coma.

They claim to be expanding the exploration and no new news to back it up.. Probably just another PR pump. It will be back to .06 by friday imo

[Montanore]

Ryan was one of the big players behind US Silver. Howard Crosby (nephew of Bing Crosby) was another. I think Crosby is also now behind SHSH.

This one can go places...eventually. I think it is off the radars of many, but my guess it will come back on them sooner or later.

[Montanore]

SHSH breaks .10--quietly! This one can snooze its way back to .20 easily.

[EasyBet]

10Q filed August 10, 2012. Access via Filings section for this board.

[budsk8]

news


Shoshone Silver/Gold Signs Option To Lease Agreement On World Class Exploration Properties In Southern Idaho
1:30p ET August 15, 2012 (PR NewsWire)
Shoshone Silver/Gold Mining Company (OTC: SHSH) (OTCQB: SHSH) announced today that it has entered into a 90-day due diligence option with Silver Leaf Exploration to lease 54 unpatented claims in Owyhee County, Idaho which comprise almost all of the historic Flint Mining District. Shoshone has paid Silver Leaf $15,000 as an option payment and will cover the BLM filing costs on the unpatented claims which are due by the end of August.

"We are very excited about this opportunity for Shoshone," stated Howard Crosby, Shoshone's president. "The Flint District has not been explored in any significant way for nearly 100 years, and we believe there is excellent potential for high grade silver and gold deposits analogous to the Silver City/Delamar District some 20 miles to the north," said Crosby.

No serious exploration or development in the Flint District has occurred since the early 1920's, and many of the exposed veins are unexplored both along strike and down dip. After exercising its option, Shoshone plans to conduct detailed surface mapping of the veins, conduct a geophysical survey of the claims, and develop drill targets to test the downward extension of the veins.

Upon exercise of the option to lease, Shoshone enters a mining lease with a 15-year primary term and agrees to pay Silver Leaf a 2.5% net smelter return royalty on metals produced, with advance minimum royalty payments ranging from $15,000 in the early years and increasing to $25,000 in later years. The lease also commits Shoshone to a schedule of work commitments beginning at $125,000 per year for the first three years, increasing to $175,000 in the next three years, and $225,000 annually thereafter.

The Silver City/Delamar District to the north of Shoshone's optioned property has produced over 34,000,000 ounces of silver and 1,600,000 ounces of gold, in a very similar geologic setting to that of the Flint District, which is characterized by high grade epithermal veins hosted in a granodiorite intrusive, with a suite of high grade silver minerals. According to Bulletin 11 from the Idaho Bureau of Mines, veins in the district range from 2 to 15 feet wide, and average grades within the ore shoots range from 20 to 50 ounces per ton silver and up to 1 ounce per ton in gold. A flotation concentrate from the Flint District in the 1920's averaged 635 ounces of silver, 1 ounce of gold, 1.3% copper, 2.4% lead, 2.4% zinc, and 7.6% antimony.

"We believe that this deal exemplifies our business strategy for revitalizing Shoshone," stated Greg Smith, Shoshone's chairman. "Having realized real value from our legacy asset in the Lakeview district through our deal with Black Mountain, we are dedicated to finding and acquiring high quality precious metal assets in the western United States," said Smith.

Shoshone Silver/Gold Mining Company is an exploration stage company based in Coeur d'Alene, Idaho. The Company was founded in 1969, and holds mining properties and mineral claims in Idaho, Montana, Arizona, and Washington.

Legal Notice and Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct.

These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others: general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; risks of junior exploration and pre-production activities; maintenance of important business relationships. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC, including the Annual Report on Form 10-K for the year ended September 30, 2011 and Quarterly Reports on Form 10-Q for the quarterly periods ended December 31, 2011, March 31, 2012, and June 30, 2012, and each subsequently filed Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.

Contact: Shoshone Silver/Gold Mining CompanyHoward Crosby, CEO(509) 526-3491

SOURCE Shoshone Silver/Gold Mining Company

[123buyer]

John Ryan-

This guy must multi task well..

Current Active Postions
Director
Black Mountain Resources Ltd. (The company that is planning on leasing the Lakeview Mill)

Chief Financial Officer, Principal Accounting Officer and Director
Big Bear Mining Corp.
2012-Present

Chief Financial Officer, Treasurer and Director
Shoshone Silver Mining Company
2011-Present

Chairman and Chief Executive Officer
Independence Resources Plc
2011-Present

Former Positions

Chairman of The Board, Chief Executive Officer and President
Silver Scott Mines, Inc.

Chairman of the Board and Director
Silver Verde May Mining Co., Inc.

Former Director
Bio-Quant, Inc.
1997-N/A

Formar
Chief Financial Officer, Principal Accounting Officer, Vice President, Secretary, Treasurer, Director, Member of Compensation Committee and Member of Audit Committee
Trend Mining Co.
2000-2004

Former Secretary and Director
Western Goldfields Inc.
2004-2007

Former Director, Chairman of Compensation Committee and Chairman of Audit Committee
White Mountain Titanium Corp.
2006-N/A

Co-Founder
U.S. Silver Corporation
2007-2009

Former Commercial Director and Director
TomCo Energy Plc
2007-Present

Executive Vice President and Director
Plasmet Corporation
2008-2012

Former Chief Executive Officer and Director
Gold Crest Mines, Inc.
2009-2009

Former Director
Gold Finder Explorations Ltd.
2009-2009

[EasyBet]

Trying to buy some but get passed over and left in the cold. Time for a 10Q one of these days maybe. Production maybe?

[Montanore]

SHSH waking up?

[budsk8]

some news............http://bmz.live.irmau.com/IRM/Company/ShowPage.aspx/PDFs/984-60868621/ExclusiveMillAccessSecuredforConjecture

[the cork]

I really don't know EasyBet. The Pinksheets Authorized and Outstanding shares total is out of date.

The 10Q for 1st quarter came out a month and 21 days into the following quarter, so if history were to repeat itself, I'd say we can expect to see the next one by approximately August 21st (ish).

[EasyBet]

I believe Van Voorhies was brought in to find the buyer. Do you have any Idea when the 10Q is due and do you know for sure what the O/S is now?

[eom7]

Old or new is what I was looking for... sorry!

[the cork]

Sounds like that Roger Van Voorhees guy was just a director.

From the looks of things he wasn't doing anything anyway LoL!

[eom7]

SHSH lol... see yesterdays 8k

[the cork]

I haven't heard. What do you mean? With SHSH or with the European summit or ...?

[eom7]

Who is that, that just resigned?

[the cork]

Spot Gold 1553.20, Silver 26.38, Silver Extend Losses on EU Caution
Jun 28, 2012 By Matt Day

--Comex August gold recently down $25.20, or 1.6%, at $1,553.20 a troy ounce
--Silver hits 2012 low, recently down 2.1% at $26.38 a troy ounce
--View that new central bank liquidity measures aren't imminent continues to weigh on metals

NEW YORK--Gold and silver extended their earlier losses Thursday, as traders bet that a closely watched meeting of European leaders this week wouldn't result in new liquidity measures that could increase demand for an inflation hedge.

The most actively traded gold contract, for August delivery, was recently down $25.20, or 1.6%, at $1,553.20 a troy ounce on the Comex division of the New York Mercantile Exchange. Futures fell as low as $1,550.80 a troy ounce, the lowest intraday price since June 1.

Silver also slumped, touching the lowest point since Dec. 29, before paring those losses. August-delivery futures recently traded down 2.1% at $26.38 a troy ounce.

Gold and silver were pressured Thursday by the view that though global economic growth has slowed and Europe's banking crisis remains a threat to the financial system, leaders in Europe and the U.S. are unlikely to imminently implement new crisis-fighting measures. Precious metals can gain when central banks or governments act to increase the flow of cash in the financial system, as investors seek a hedge from the inflation that can result.

"It's been the central bank liquidity measures that have been one of the major legs of support for the gold market," said Dave Meger, director of metals trading with Vision Financial Markets. "As you undermine one of those legs, it gets a bit wobbly."

Much of gold's moves this year have come in response to expectations on monetary policy. Futures have tended to rise when investors were betting that world central banks would take new steps to support growth, and retreated when it seemed bankers would stand pat.

Many market participants aren't expecting dramatic action to result from the two-day summit of European Union leaders scheduled to begin Thursday.

Economists at Barclays "expect the discussions to draw a roadmap for fiscal, financial and political union, but do not anticipate any major decisions on concrete short-term measures to reduce market stress beyond what has already been agreed," Barclays analyst Suki Cooper said in a note.

Gold has struggled at times this year when euro crisis worries escalated. The potential for a financial freeze in the currency union has made some investors more comfortable holding cash instead of precious metals futures, and economic fears have sparked investment into the perceived safe haven of the U.S. dollar.

A rising dollar can dent demand for gold by limiting investor appetite for a hedge against declines in the currency. The dollar rose again against the euro Thursday, hitting its highest point since June 8.

Write to Matt Day at [e-mail]
(END) Dow Jones Newswires
06-28-12 1129ET
Copyright (c) 2012 Dow Jones & Company, Inc.

http://futures.tradingcharts.com/news/futures/DJ_PRECIOUS_METALS__Gold__Silver_Extend_Losses_on_EU_Caution_180974360.html