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Soma Gold Corp V.SOMA

Alternate Symbol(s):  SMAGF

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.


TSXV:SOMA - Post by User

Post by jongguaon Jan 21, 2023 7:27am
245 Views
Post# 35237130

thanks for the postings! a small community better than NONE

thanks for the postings! a small community better than NONEI am glad we can fight over the embarrasment of riches this company is already bringing in. 

I do have  a suggestion for managment if i had their ear.

A .04 dividend as soon as fiscally possible. a penny a quarter. I guess it'd be feasible by 2025 at latest.

it would shock the gold space to have a dividend from such a small revenues company. put us in a different category investor wise.

not that they're gonna listen to me.

what i wanna know is, is there anyone here who went to AGM?

keep in mind the wild card here, new all time high gold prices. gonna attract lotsa new $ to the sector.

LOL i know we're late as this kinda thing has already been tried, to bridge the world of gold n crypto, but if we renamed ourselves "Gold crypto" it'd market us  to both sides of investing world. LOL

i heard recently there is 450 trillion usd financial assets in world.

Gold stocks worldwide are $1 trillion.

imagine when that $1 becomes 2 or 3 trillion coming into the sector due to inflation caused by endless money printing.

also we may end up having one of the few growth industries with continued market downturn?

How  can i buy more at these still giveaway prices?
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