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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

Comment by ThelastSilverRon Jan 22, 2023 6:10am
73 Views
Post# 35238263

RE:Soma my Stock of the Week

RE:Soma my Stock of the WeekWell and clearly written!

In my opinion it could have been added that they drill 20,000m per year from cash flow.

I am curious whether they will achieve the AISC & production target for 2023. We will see. Good r/r in my view.

Also very curious if El Limon mill will indeed process at the end of this year as management has said.
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