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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 > Aris gold 2.0 !
View:
Post by austrochris on Dec 05, 2022 8:29am

Aris gold 2.0 !

Soma’s Land Package is in the heart of this significant Gold District but is largely unexplored and with the presence of many small artisanal miners. Soma property is on-trend with Segovia Mine and has many similar characteristics

Huge ebida 2022 - marketcap 
very low capex to increase production to 70000 ounces of goldequivalent  ( includes almost 1 Million ounces of silver )
Artisanal miners need high grade gold to be profitbale . 
So undervalued - probably the best small profitable goldproducer on TSXV !
Comment by austrochris on Dec 05, 2022 8:52am
And the CEO was the first minister of mining in equador !
Comment by tobinator01 on Dec 06, 2022 4:27pm
Soma has explosive potential certainly from the standpoint of its future revenue, EBITDA and market cap.  We may see the share price drift listlessly until the new updated resource estimate.  I received a proxy in the mail.  The annual meeting is December 16th. The biggest issue here is the management team is not committed to any promotion of the company for investment.  ...more  
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