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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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TSXV:SOMA - Post Discussion
Soma Gold Corp
> 2 Million Dollar ebita / month and more to come !
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•••
austrochris
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Post by
austrochris
on Jul 08, 2022 8:43am
2 Million Dollar ebita / month and more to come !
I like this goldstock more and more .
GCM mining 2.0 ? !
(76)
•••
tobinator01
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Comment by
tobinator01
on Aug 17, 2022 8:07pm
Go to their website and see their August Presentation. Key notables: 1. Resources have gone up from 170,000 ounces to 410,000 ounces. Mine life went from 7 to 10 years. Expect both resources and mine life to go up this quarter after 43-101 is updated for Cordero. 2. Insiders own 71% of the company. 3. 36,000 ounces for 2023 up from 30,000 ounces in 2022. 4. At the end
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