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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 Mar 24, 2022 12:29am
91 Views
Post# 34540161

RE:RE:RE:RE:RE:RE:RE:This could end up as big $$$$ for SIC

RE:RE:RE:RE:RE:RE:RE:This could end up as big $$$$ for SIC
BlueChipper2020 wrote:
lewdogg wrote: Always appreciate your posts, BC. I'm one of the impatient ones that has been very frustrated watching the PPS go nowhere in the last few months. The potential is here for sure, but it's clear that someone is holding down the price and it's really hard to be confident that it will change.

GLTA.

BlueChipper2020 wrote:
surething1111 wrote: Lol BC,

Speaking of "herds",,,,,,,,,,  with regards to Sokoman, this must be the slowest moving herd I've ever seen. Lithium might be just the cattle dog needed to get this herd moving. 

Last year, I considered myself overweight in my Sokoman holdings, I'm now sitting at double that number of shares Lol.     If I considered Sic a bargain at .45- .75, I certainly consider it so at current price.

As I see it right now, the biggest drawback for the entire region is the reliance on Eastern for assays analysis. I know that they have doubled capacity, but the way they have slow trickled results out, outcomes will still be glacially slow. ie. For all the companies drilling
here, we seldom see any results for any company. I guess the Covid excuse is wearing thin.

Best
S

 



Agree on the slow moving herd. It looked like the herd was here in March last year when we ran up to $.78. SIC is a better investment today vs. a year ago by far. The market is not always rational and it will take some momentum to get things moving. It will happen fast. I think we are in great shape with news pending from 3 projects. Besides Moosehead, Grey River and Golden Hope have the potential to be even more valuable. Who knows. Look how things developed in the last 12-18 months and I never thought this would have this much potential when I got in SIC way back in 2018. 

Hold tight folks. 

BC 





I understand your fustration.  Keep in mind, SIC was trading in a range of $0.12 to $0.19 for about 2 years with going down to $0.05 and rarely breaking the $0.20 level.  The stock price will eventually take care of itself as one or more of the news flow coming from the 3 projects will break us out. Tim also has said he was fustrated at the stock price many times but the market is what it is. 

I am very pleased at the results at Moosehead and now Grey River. Also Golden Hope seems to be a gem in the makings. We have a lot to be happy about here. When the market corrects it will quickly in a few trading days. 

BC 


I always appreciate your objectivity BC. The juniors are getting hammered by the cartels for now but eventually they're going to move up. The junior mining index GDX, GDXJ and NUGET are seeing some moves up. This is a good sign for the juniors!!!
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