RE:RE:RE:Sokoman - "The Black Sheep" of Gold Stocks Here are the facts about Sokoman Minerals' undervaluation.
Right now, Gold Futures are trading at a record high level of $2,060 US per troy ounce (per 31 grams).
Like any other boom, the good times won't last forever. We learned that with the "Dot Com Bubble" of 2000 and "Cannabis Bubble or 2018-2019".
Over the last 20 years, I invested in various Gold Stocks, and the one thing I observed is that when Gold Futures goes up, Gold Stocks move up in tandem.
Its the same with any company that produces a specific commodity.
Let's look at why cobalt stocks are at record low levels. Its due to a fact that cobalt futures are also at record lows, thus proving that for natural resource based companies, a commodity based stock usually moves up or down in tandem with that commodity.
With that said, since Sokoman Minerals' genre is usually gold exploration and production, their stock should be high in sync with other gold companies like Anaconda Mining or Marathon Gold, not staying stagnant at 11.5 cents a share.