Gold Springs Resource Corp. (GRCAF)

[downsideup]

SOHAF got their own thread on Zero Hedge:

http://www.zerohedge.com/news/south-american-silver-plummets-bolivia-announces-it-will-nationalize-one-worlds-largest-silver-?page=2

I thought there might be a current update there, given I'm not finding any new news anywhere else today... but, not seeing anything new over there either.

Doesn't appear any of the ZH guys actually know SOHAF that well. Don't see any indication they know SOHAF still holds cash that is worth twice what they've put into their Bolivian investment, or that they've got a similar "large" lease holding in Chile...

Not SOHAF specific, but did find this comment on silver that I thought was worthy, from poster "BankRiot":

Silver is a powderkeg ready to explode.

Many experts estimate that there are only 1 Billion ounces of Silver above ground. Much of this is not for sale.

So @ $30 an ounce, the entire global aboveground Silver stockpile could be purchased for $30 Billion, or less than 1/2 the price of FaceBook, which very well could be the next MySpace.

Any billionaire could easily bust the Comex, and there are over 1,500 Billionaires in the World.

It happend in the 1980s with the Hunt Brothers.