Soho Resources Corp V.SOH

Matt can you check my math

[lawpro]

Matt does this calculation seem right then?  I am using $25 per ground gold price and the Soho web site now says fully diluted 158,900,000 shares out

Total M+I+I Au + Ag  @ 50:1 gold/silver ratio plus total base metals (M+I+I) calculations into Au Eq:

930,256 + 384,522 + 545,186 = 1,859,964 oz Au Eq

1,859,964 x $25.00 (In the ground gold) =46,499,100 / 158,000,000 =  .29 per share

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Total M+I+I(Au and Ag ) @ 65:1 gold/silver ratio plus total base metals (M+I+I) calculations into Au Eq:

869,024 + 384,522 + 545,186 = 1,798,732 oz Au Eq

1,798,732 x $25 (in ground gold) =44,968,300 / 158,000,000 = .28 per share

[mattbigham]

No time to check so I trust you can use a calculator. The $25 metric seems fair.I have posted here that Bob Dickinson (bio/credentials below) describes / values resource deposits as follows:"Take an all-gold company, for example: You generally get valued at between $10-20/ounce for an inferred resource, then $50/ounce when you’re at the feasibility level."