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Bullboard - Stock Discussion Forum 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... see more

TSXV:SOMA - Post Discussion

Soma Gold Corp > They needed to get noticed
View:
Post by SStoktikk on Jun 12, 2020 8:34am

They needed to get noticed

Not the way I'd like it but I didn't read anything about injury, they are insured,800 grand.Tighten up security about the pours,it would be great to get more detail regarding drilling program.
Comment by mrvortech1 on Jun 15, 2020 2:07am
Does anyone knew about the past of this company? Where from 2012 it was as high as $12, but has eroded in value since, and even with the sharp drop in feb, that was actually slightly pre-covid, and now reading this recent NR about the robbery, maybe has confirmed my suspicions - if the location has and is a legitimate serious issue, noticing it's located in Medellin. Any insight ...more  
Comment by mrvortech1 on Jun 15, 2020 2:36am
Ah 10-1 share consolidation in May, that explains the big insider transactions anyway 
Comment by babyofbullion on Jul 05, 2020 3:17pm
They (Insiders) spent big on a mine and mill in the US. They couldn't get it into production without ploughing more money into it. This was their main asset. They had debt and couldn't repay due to delays in production so they lost it for a dollar. A sh1tshow yes, but the share price got hammered to reflect the remaining asset (El Limon). They have new assets and a new CEO but some of the ...more  
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