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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 stockwatcher7on Jun 28, 2021 3:29pm
246 Views
Post# 33460819

Risk reward

Risk rewardUnlike some on this  board I try not  to  look  through  rose  coloured  glasses.  I  tend  to  weigh  risk  with reward potential.

JMHO...  but the  reward of  further  gains with  less  risk  is  totally  in SIC  favour  and   the  risk  of   financial  loss  verses  more  gains  in  NFG.. Just  saying  be careful  as I believe   NFG  is  substantually  over  valued at this point in time  without having  actually  proven  any resource.

There  are  many  Jr  that  have  multi  million  oz  resources trading at a  fraction  of  NFG  value..

If  I was  in low  on  NFG  I  would  take  my  original  investment  off the  table   and  put  some  of  it  on the  ones  which   have  a  much  higher  upside  potential.  The likes  of IKS seam  to  think  NFG  will  continue  to  rise  closer to the  sun  risk   falling   back  to reality.


NFG  needs  to   provide   some indication  of a  resource  to  sustain  where it  is  right  now.... Scorn  me  all  you  want   as I  have  no  NFG  and  would  never  consider buying  at  this  price ... JMHO

SIC  on the  other  hand  has potential  to  break  the   dollar   barier  if  they  get  around  to releasing  some  drill results.

Been  in this  game  for   far  more  than  30  years   and  have  been  burned  on  occasion.... Justa  word  of  caution to  the  novices who  may  think  the  stosphere  is a  great  place  to  buy a  stock..
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