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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 Minrayon Nov 09, 2021 8:28pm
163 Views
Post# 34107650

RE:RE:RE:RE:TODAYS SIC PR

RE:RE:RE:RE:TODAYS SIC PR
likeike wrote: Sorry to sound like a debbie downer but as Brent Cook said some 10 years ago there is

no one making money on rare metals. Ten years ago the entire industry was worth less

than 2 billion. With luck it mite add a little gravey to a company's bottom line but no more.

As to lithium there is lot out there but to get it activated is the big issue. Finding brines is

the best. SQM a Chilean miner is the largest supplier of lithium in the world It helps them 

but their true bread and butter is potash. If battery evolves as to anodes made of silicon the 

amount of lithium needed in batteries will greatly decrease. Lot of companies finding it

in Canada and big guys now are American Lithium and Fen Swing (can't remember name).

Hope someone makes money on lithium besides being pushed by Tesla. IKE


It's all good IKE you're not a Debbie downer. You raise some good points. I was surprised at the discovery of tantalum. The powder is used in the aerospace industry. If this discovery is high quality it's going to add a lot of value. Especially as a lot of money is being invested by Nasa on setting up a moon base and then onto Mars. These metals are in high demand by many countries. This is going to be interesting. Good luck folks.
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