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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

Comment by BlueChipper2020on Dec 02, 2020 10:39pm
307 Views
Post# 32023915

RE:update news

RE:update newsThis is good news to make sure you raise cash whenever you can when you are not desperate. Tim talked about always having a cash cushion on a past webcast. They had sufficient cash for the 10000 meters however no flexibility to expand the program and it would have left the residual cash to low. They can easily add 5000+ meters to hit more outside targets. They have drilled 6000 out of 10000 now. However we have had just a few of those results so far. With the pending assays which are a lot, remaining 4000 meters and program expansion i am really looking forward to the each of the next 4 months including December. GLTA
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