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Bullboard - Stock Discussion Forum 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... see more

TSXV:SIC - Post Discussion

Sokoman Minerals Corp. > magnificent...
View:
Post by kumutwist on Mar 23, 2021 5:43am

magnificent...

play here....slight consolidation today before we ride to .53
Comment by Goldjknf on Mar 23, 2021 6:39am
Difficult to say.  I believe the $100million short form prospectus by NFG is very bullish for SIC.  I've been wrong before, but I think SIC may make a good move today.  A couple hours will tell the story. GLTA
Comment by 99942Apophis on Mar 23, 2021 8:57am
I applaud your enthusiasm kumutwist, your are ignoring the recent announced placement of a potential 37 million shares being added to bring the share count to roughly 180 million! This additional share count causes dilution to the tune of 26% which is significant, so I see two forces at play here the revaluation of share price by 26% roughly equals 32 cents and also in play is the speculation that ...more  
Comment by turr on Mar 23, 2021 9:32am
You forgot to add in the the money gone into the SIC coffers that will be available to produce much greater chance (with the extra drilling) of finding even better proof of value.
Comment by 99942Apophis on Mar 23, 2021 9:52am
turr wrote You forgot to add in the the money gone into the SIC coffers that will be available to produce much greater chance (with the extra drilling) of finding even better proof of value. No turn I didn't forget I avoided that topic as in my opinion could cause some shareholders to voice their opinions that there was sufficient funds to take the share price higher thereby minimizing ...more  
Comment by turr on Mar 23, 2021 10:14am
Yes I agree too a point.
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