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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

Post by jongguaon Jan 23, 2023 4:45pm
135 Views
Post# 35240760

to state the obvious, but it is becoming generally accepted

to state the obvious, but it is becoming generally acceptedGold is expected by many powers that be outside of the gold space, to have a very good year price wise, in USD. Not just eternal gold bugs. I believe this cuz of the endless democrat led money printing. they love it n r "for it" if you will.

would do a lot for us in every way to have $2200, 2400, etc, gold.

debt paydown could be much faster.

i know its obvious, but i remember well $1900 gold in 2011. how giddy i was. then had to endure the long slide to $1054 in 2015/16.

may we have lots more euphoria ahead.
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