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Sokoman Minerals Corp. V.SIC

Alternate Symbol(s):  SICNF

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The company's primary focus is its portfolio of gold projects along the Central Newfoundland Gold Belt, and the district scale Fleur de Lys project in northwestern Newfoundland. The company also recently entered into a Strategic Alliance with Benton Resources Inc. through three, large-scale joint-venture properties in Newfoundland


TSXV:SIC - Post by User

Bullboard Posts
Comment by BigSwingson May 03, 2020 9:43am
161 Views
Post# 30980820

RE:RE:RE:RE:I might of been too cute

RE:RE:RE:RE:I might of been too cuteI know a lot of guys that make a great living trading for a few cents here and there on multiple stocks. That said, it's a time consuming endeavour. Plus, they tend to miss the big moves when they come. I agree that not a lot of juniors are worth long term holds, especially through the junior market macro picture we've suffered through for years. That said, I look for juniors with low downside and explosive upside potential. The long term macro expectation of gold right now is taking even more risk off the table. It'll be volatile, but with a strong upward bias. Some of my recent buys that fit the criteria were JAG (under 20-highly leveraged to higher gold prices because they have a high cost of production), WM (in the 40's-potential massive find) and my opinion is that you should get your SIC position back in the near term. We should be in for a great ride. Again, it's just my opinion, but this is definitely one that may run on you while you're trying to make cents. That said, the best saying that I've ever hear in the markets is that you can't go broke booking profits. That doesn't change the fact that it's hard to watch one sky after you sell it :) GLTA & have a great weekend!
Bullboard Posts