Auryn/Medinah - 2022 - 1st Half General Discussion

Disclaimer: These comments are offered from a troll with inconvenient facts.

Soma Gold is a South American, high grade producer (an actual producer) with forecasted production of 40koz in 2022, high grade material, two producing mines (actually own the mills).

Earnings and cash flow surging. Trading at less than 2x 2022 cash flow.

Outstanding shares: 63M with two insiders owning 60%+ of the outstanding shares.

Market Cap: $20M vs. AUMC at $60M

The reason why Soma trades at such a discount is b/c no institutions can own the stock. No liquidity and complete control (60%) by the CEO and head Geo. Most agree this should be a private co b/c of the capital structure.

There are many junior miners out there with similar profiles. Not a rarity.