Replies to post #30991 on Southcorp Capital Inc (STHC)

[buccaneer1961]

I do like that multiplier

[crossball]

Syrah has had ~$33M in revenues the past 12 months. This is similar to the revenues projected for STHC (15,000 tonne times $2,350 to $2,600 per tonne). SO BASICALLY THE OFF TAKE AGREEMENT WITH SAINT JEAN IS PROOF OF AT LEAST 75c SP. IT IS RIGHT IN FRONT OF US. PONDERORS WILL POUNCE SOON INCLUDING FINANCIAL INSTITUTIONS.

[mikesmith3]

Excellent analysis chemist! Seems spot on. Thanks for the DD which again confirms STHC has huge upside. GL

[reppoC]

Check out this post and its replies. My prediction is similar to yours, but with other valuable metals and gold rights... If everything happens as the DD suggests this is easily, and I mean easily has the potential to be over a dollar.

My ultimate hope is this ends up paying a divy, then I can just retire.

crabclamjohn Member Level Friday, 10/09/20 08:13:34 AM
Re: None 0
Post #
27680
of 30998
So Ceylon CYLYF @ .08 has

These mineral resources contain all the known lump veins grading between 80.20% and 98.60% Cg (graphite content) over thicknesses ranging from few centimetres to 0.72 m. Their length ranges from few metres
to a maximum of 75 m. A total of 13,000 tonnes of Carbon Graphite is contained within the mineralized envelope.

and STHC @ .026 has

2,230,800 tons of graphite.... 4.4 Billion USD

WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Which one are you going to buy! This is too good to be true.

What's in your wallet?

$STHC

[skichic]

Great post Chemist72, 8.2 is a very conservative multiplier.

[InPhekTed]

STHC - Great Post!

So I ran some numbers... by all means this post most certainly will be an over estimate. We have not received and won't see a full ni-43-101 mineral report or results from the fire Assay until discharge from the courts. However I did find the following information on Ameca's website but I did want to point out a major disclaimer before I continued. This information could be a rare result from their samples and it could be the only sample tested that had gold. But if its not these are some fun numbers of what we could have:

---------------
Data I am Pulling From Ameca's website:

Analysis of AMECA's initial drilling indicated the presence of gold. In fact, XRF testing revealed an average gold concentration of 7 g/tonne. XRF (X-ray fluorescence) is a non-destructive analytical technique used to determine the elemental composition of materials including gold and platinum.

Low grade graphite: Ore in Tonnes:3,685,500

High grade graphite: Ore in Tonnes:13,702,500

----------------

My Numbers:

Total graphite Ore: LGG(3,685,500) + HGG(13,702,500)=17,388,000 Tonnes of ore

From XRF teating: Average Gold Concentration is 7g/Tonne:

*Total gold: 7gAu x 17,388,000 Tonnes =121,716,000 g Au

Au in grams to troy ounces ( 1 troy ounce = 0.0321507 g): 121,716,000 x 0.0321507 = 3,913,254.601 troy ounces Au

Gold Price USD: $1788 Nov 27, 2020

*Ameca Gold Value: $1788 x 3,913,254.601 = $6,996,899,227

*Possibly 7 billion USD worth of gold inside our 4.4 billion graphite pile.

*Once again these numbers are most likely an exaggeration of what they really have but I did it for fun from data I collected from Ameca's website. The 7g average could be taken from the only sample they found with gold. We will know more once they release the fire assay results and mineral report after discharge.

GLTA