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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 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

Comment by ThelastSilverRon Jan 08, 2023 11:49am
102 Views
Post# 35209630

RE:some june 2021 observations from youtube video

RE:some june 2021 observations from youtube videoI think it's because Cordero (development) took longer than they thought. It will also have to do with the formalization applications, these processes take a long time and we need it for the restart of the El Limon Mill.

Because they don't spend much on marketing, not many people know about this opportunity! It will become more known this year due to the increased production and the dividend I expect early next year.

All we can do is wait patiently. I think management is on the right track.


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