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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

Post by NLMooseon Jun 14, 2021 12:15pm
196 Views
Post# 33381866

Sokoman Now Enduring A Four Day Losing Streak

Sokoman Now Enduring A Four Day Losing Streak

Just when we thought that the stock will lose ground for one day, which is normal due to "Profit Taking", it seems Sokoman Minerals is now in a losing streak.

Last week, Sokoman Minerals was trading at 74-76 cents a share.

Over the last four days, its dropped to 61 cents a share as opposed to regaining ground after a "Profit Taking" episode.

One day of declines is ok as "Profit Taking" is normal, but four days in a row with no explanation is a concern for a company with great potential.

If the trend continues, I'm worried that Sokoman might get back to the dark ages of 2 or 3 cents a share.

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