Santo Mining Corp (SANP)

[spike007]

Say what you will about Mgmts past exploits .... but here it is in plain English - this merger to the U.S. for Canoe and its timing now makes perfect sense... why Canoe is setting up shop in the U.S. -to flee China .... what we are buying here post merger is DEFINITELY Canoe Pool. One of Canoes farms is / was in Xinjiang ...the other one is / was in Sihuan ! Chinese govt. is chasing miners out in those two exact provinces .... see below !!!!!

"Yesterday, news.Bitcoin.com reported on a document written prior to January 5th indicating the desire of Xinjiang Province regulators to expel cryptocurrency miners from its jurisdiction. The document states “To curb financial risks and encourage the real economy, approaches must be taken to guide miners toward an ‘orderly’ exit from the business,” and mandates that mining companies submit status reports before the 5th of each month."

"In November, a document surfaced suggesting that a state-owned power company in Sichuan would seek to crack down on bitcoin mining,"


"Canoe Pool (Chongqing Yuhuan Technology Co., Ltd.), led by its founder Ang Li since 2013, is one of the fastest growing bitcoin mining companies in China with two large-size mining farms in Sichuan and Xinjiang, "

https://news.bitcoin.com/confusion-grows-surrounding-official-chinese-position-regarding-bitcoin-mining/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications


http://www.nasdaq.com/press-release/santo-mining-and-canoe-pool-announce-exclusive-american-licensing-agreement-20171028-00006

perfect storm brewing here ...........