Post by
tobinator01 on Jan 24, 2023 4:54pm
Highest Close in Nearly 2 Years
It looks as though investors are beginning to find Soma and like their fundamentals. Nothing says buy like strong cash flow and produciton growth profile when your product has risen $320 per ounce in two months.
I thought I found another high value Gold miner like Soma. My tail started to wag as I began due dilligence of Elevation Gold Mining. My tail quickly went firmly between my legs when I found out their AISC is over $2000/ounce. Why would anyone produce Gold with costs that high? Essentially, you lose money for every ounce you mine.
Comment by
gossamer18 on Jan 25, 2023 1:20am
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