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Bullboard - Stock Discussion Forum
Soma Gold Corp
V.SOMA
Alternate Symbol(s):
SMAGF
Metals & Mining
Gold
Soma Gold Corp. is a Canada-based mining company. The Company is focused on gold production and exploration. It is engaged in the business of acquiring, exploring, developing, and operating mining properties in South America. It owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. The Company's principal operation is the El Bagre Gold Mining...
Complex (El Bagre), which consists of an operating gold processing plant (the El Bagre Mill) and the Cordero underground mine. The El Limon Project (El Limon) is adjacent to the El Bagre Project and includes a past producing underground mine and a gold processing plant with a capacity of approximately 225 tpd. The Company also owns an exploration property, Tucuma Exploration Project (Tucuma) copper/gold exploration project, which is located in the Carajas metallogenic province in the State of Para, Brazil.
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Bullboard (TSXV:SOMA)
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(46)
•••
tobinator01
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Comment by
tobinator01
on Jan 20, 2023 11:53am
RE:RE:RE:RE:Soma now at 52-week high
I'm an investor for capital appreciation and dividends are secondary to me. It's great insiders own over 70% of the outstanding shares but it also means the float is extremely small
...more
(7)
•••
ThelastSilverR
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Comment by
ThelastSilverR
on Jan 19, 2023 4:04pm
RE:RE:RE:Soma now at 52-week high
Why do you think this needs dilution? Plan is to go to 1,250 TPD. I think this will cost a maximum of C$10M and they can pay this with the cash flow. This year alone there will be C$15M cash left with
...more
Viva Gold: Multiple High-Grade Gold Hits Includes 90 Meters at 2.0 gpt Gold
posted May 05, 2024 9:00am by
Viva Gold Corp.
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|
TG2409 (21.3 meters at 5.1 gpt Au) was drilled as an approximate 40-meter offset to the west of TG2211 (57.9-meters at 5.0 gpt Au commencing at 40 meters depth). TG2408 (18.3 meters at 4.4 gpt Au). TG2407 (89.9 meters@ 2.0 gpt Au). TG2404 (36.6 Meters @ 3.3 gpt Au). “Many geologists go their whole careers without seeing drill results like these ...read more
(46)
•••
tobinator01
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Comment by
tobinator01
on Jan 19, 2023 3:49pm
RE:RE:Soma now at 52-week high
I by and large agree with your opinion concerning the cash flow and earnings growth potential of Soma over the long haul. I'd prefer Soma pay down their high interest debt first to clean up
...more
(7)
•••
ThelastSilverR
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Comment by
ThelastSilverR
on Jan 19, 2023 2:06pm
RE:Soma now at 52-week high
If they give a dividend next year, this will automatically come into the picture of investors. Rather not spend too much or invest time on promotion but they need to focus on reaching
...more
(46)
•••
tobinator01
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Post by
tobinator01
on Jan 19, 2023 1:13pm
Soma now at 52-week high
At 40.5 cents, that equals their 52 week high. The 20-month high is 43.5 cents. It's nice to see the price firm up the last three weeks, but volume is weak. Grinding higher is
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jan 16, 2023 1:01pm
New Press Release - Soma Gold releases positive PEA and resource update on the companyâs Colombian project
(NewsDirect)Soma Gold CEO Javier Cordova said the company had released a resource estimate for its Cordero mine, which represented a big improvement compared to the last update. Cordova also said the company released a positive preliminary economic assessment for the development of the mine...
read article.
(13)
•••
austrochris
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Post by
austrochris
on Jan 13, 2023 12:38pm
50 % more goldproduction 2023
https://www.youtube.com/watch?v=dkV2OfOV9sc
(7)
•••
ThelastSilverR
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Comment by
ThelastSilverR
on Jan 11, 2023 3:40pm
RE:Musing about Aris Mining acquiring Soma Gold.
Soma Gold is way too small for Aris and also a completely different deposit. I'd rather see Soma continue on its current path and pay a dividend of 10 cents/share next year.
...more
(46)
•••
tobinator01
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Post by
tobinator01
on Jan 11, 2023 2:38pm
Musing about Aris Mining acquiring Soma Gold.
I posted this reply to a poster on the Aris Mining board. Thoughts anyone? ***************************************************************************************************************** I
...more
(7)
•••
ThelastSilverR
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Post by
ThelastSilverR
on Jan 11, 2023 10:45am
Corporate update and guidance for 2023
Corporate update and guidance for 2023 There are so many awesome things in this latest news release! Commercial production, self-performing with the equipment & new veins at Cordero! They add
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jan 11, 2023 7:15am
New Press Release - SOMA GOLD PROVIDES A CORPORATE UPDATE AND GUIDANCE FOR 2023
Record Gold Production of 23,115 ounces in 2022VANCOUVER, BC, Jan. 11, 2023 /CNW/ - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the "Company" or "Soma") is pleased to announce that 2022 gold production at its 100% owned El Bagre, Colombia, operation was 23,115 ounces, a 30% increase...
read article.
(16)
•••
jonggua
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Post by
jonggua
on Jan 09, 2023 7:11am
management appreciation
these guys seems to be really focused on execution, especially expense control. i have been drawn in the past to the fly by night prospecting companies. it is so great to have such a massive
...more
(7)
•••
ThelastSilverR
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Comment by
ThelastSilverR
on Jan 08, 2023 11:49am
RE:some june 2021 observations from youtube video
I think it's because Cordero (development) took longer than they thought. It will also have to do with the formalization applications, these processes take a long time and we need it for the
...more
(16)
•••
jonggua
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Post by
jonggua
on Jan 07, 2023 11:14pm
big picture of why we have such still virgin ground
we have areas where communist insurgency kept unsafe for decades. made peace 2016. its why such a large area is still way underexplored. we're on former guerilla territory
(16)
•••
jonggua
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Post by
jonggua
on Jan 07, 2023 11:10pm
el limon mine depths 450m plus
my recollection is el limon mine averaged 25 g/t over Life of mine. has been closed for some time i believe. i don't think this management co/stock entity mined it. at 29 minutes in 12/16 podcast
...more
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