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), a copper/gold exploration project, which is located in the Carajas metallogenic province in the State of Para, Brazil. Its exploration projects include the Nechi Project, the Zara Project, and the Otu Project.

TSXV:SOMA - Post by User

Soma Gold Corp > EPS is CAD not USD so my estimates are off by 26%

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Comment by amishelvison Apr 09, 2023 1:15pm

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Post# 35385883

RE:EPS is CAD not USD so my estimates are off by 26%

I think that is a resonable assumption. Keep in mind that this is a micro cap miner and they are located in Columbia. Best not to go in whole hog with this but a smaller/ safer position ,,yes.
.22 at a PE of 5 is still $1.08 US$

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