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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 AlwaysLong683on Mar 31, 2024 2:37am
105 Views
Post# 35961489

RE:RE:Why the drop

RE:RE:Why the dropThe latest assay results are further proof that, to date, Moosehead is currently economically unmineable. The only way this company can survive before putting out an MRE and following that up with a FS that shows a project can be profitably mined with a reasonable margin for error is for more investors willing to sink more money into additional equity raises (bought deals or private placements). 

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