Sokoman Minerals Corp. V.SIC

Tim's move, grab the cash to drill

[AuAgLi8]

- SIC hasn't seen .26 since 2018 and hit a low of .04 in 2019 on the back of some  very good assays and intersections.
-Tim took the money at very much a high point in the valuation scale gaining the ability to take the share price higher.
-NOT a doubt in my mind that Tim and the Board took the right action.
- The money has to go into the ground to create more value for shareholders and the management secured the funds to make that happen.
-It is hard to raise money when there is nothing in the coffers.
-If You are in precious metals exploration and Thee Prince of Precious metals calls You answer the phone.

-I reiterate , Thank You to Messieurs Froude and Sprott .

-Final answer.

[winr88]

I agree AuAgLi8 In the shoulda, coulda, woulda world of investing in the stock market and especially junior miners, Cash for drilling is king. There are some who think Tim SHOULDA waited for a higher price to raise cash and drill results WOULDA run the SP up. MAYBE yes MAYBE no. We all know this is EXPLORATION. Drill results can turn bad in a flash and then when the SP drops the company is

[geominer]

looking at the recent  financing i agree with the last several posts. always easy to second guess decisions from the outside. having been in involved in public companies that financed in the past it is much easier to do so when people want to give you money than when you have to work hard to convince people to give you cash. does not bother me whether it is sprott or not. . the market can

[BlueChipper2020]

Geominer,  Agree completely with your assessment. However I have a strong feeling what is going to complicate any assessment of Moosehead, is Fleur de Lys. No doubt they are going to have 1 rig do some holes in the coming months. We will see.  Tim played an important role in finding the Valentine property for Marathon Gold, which will be the next mine in that area. He found

[BullionGirl]

And save a few dollars for drilling Fleur de Lys!  As good as Moosehead looks, Fleur de Lys potentially could be as big or bigger !