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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. > Strong Hands
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Post by BlueChipper2020 on Jun 25, 2021 11:12am

Strong Hands

Not much out there for under $0.75. At 0.75 you have some shares available as that will be a short term pyshological barrier (not into technical stuff for juniors) and some folks putting shares up for sale at that level. 

We are going to $1 dollar and then hopefully break through that level on the next set of drill results which need to be consistent with those of the last 8 months (since November 2020) where we have had about 6 good PRs on such. If they are consistent with previous then we should hit that target assuming macro factors (gold equities, macro economics etc.) do not go south. If the drill results display any type of positive drill surprise (I think we are due for such) then all bets are off on what the "market" does. We will see. 

GLTA
BC
Comment by lewdogg on Jun 25, 2021 11:51am
Agree. I've been adding small lots here and there. There's a group that is supposedly shorting at .75 so that's not helping. Once we break this level and the .78 high we should be off to the races. GLTA!
Comment by stockwatcher7 on Jun 25, 2021 12:23pm
Boxing it in??? Wonder what message the  extra 15 shares is? V:SIC Depth by Price @12:22:01 Bid   Ask Price 0.69 0.70 0.71 0.72 0.73   0.74 0.75 0.76 ...more  
Comment by likeike on Jun 25, 2021 1:41pm
Wholeheartedly agree BC but this stock has been in past a frustrating trader in action  as Tim Fraude has intimated manytimes. The thing this week I find intriguing is NFG great news confirming the consistancy of grade at the Lotto zone and the stock did nothing? Sic has been trading good but  there seems to be good action in a lot of little unproven stocks.  It always ...more  
Comment by BlueChipper2020 on Jun 25, 2021 2:18pm
LikeIke, I think things will take care of themselves in terms of SIC price action. Its not to shabby now.  Regarding NFG, my view on Lotto results release and the price action: 1. Price did go up 2. Some of that was priced into the $1.8B market cap for a company with no resource yet  Third and perhaps most importantly, the LEGS holding up NFG value and market cap just got a whole lot ...more  
Comment by BlindBoy on Jun 25, 2021 4:53pm
BC:  " Many retail do not understand what they invest in and like the fact they can buy a larger number of shares for something priced at $0.18 vs. something priced at $0.73 let alone $12 bucks. Despite the fact their odds of making a great return are much much better in the latter two. " You're assertion is very true.  I know that for a long time, I also fell prey to that ...more  
Comment by BlueChipper2020 on Jun 25, 2021 8:49pm
BB Nothing wrong with the three horses you have in the race. I have two of them and via NFG ownership have a ticket on the 3rd.  I posted previous that 1 year from now (or sooner based on how fast some things are moving), the landscape may look different than today. I expect some new company or even more than one to pop up and have solid results and a real compelling story. So always good ...more  
Comment by 666999 on Jun 26, 2021 4:50am
I think that all this hype is thanks to NFG, and all Mkt capt of companies around NFG is thanks to it, including SIC, markets are irrational a lot of times, so are investors, if you know how to use this, then there is no need to have all eggs in companies that already had success,I agree that SIC is best play right now, but this can quickly change, and SIC Mkt cap should be higher then LAB, but it ...more  
Comment by calico on Jun 25, 2021 3:45pm
Spell check. The CEO is Tim Froude.
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