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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. > Given recent results from the others, lets talk leverage....
View:
Post by Goldjknf on Aug 28, 2021 3:43pm

Given recent results from the others, lets talk leverage....

ok, now leverage and how it works.....

1 LAB share @ close of $1.06 is equal to 2.3 shares of SIC

1 NFLD share@close of $0.71 is equal to 1.57 shares of SIC

WHERE WOULD YOU RATHER HAVE YOUR MONEY INVESTED?

LOOK AT THE LEVERAGE, SIMPLY A NO BRAINER - EXCELLENT GOLD  GRADES AND CHEAPER SHARE PRICE VS. WHAT'S BEHIND CURTAIN #1? AT MORE THAN DOUBLE THE PRICE???

So what will it be?  the curtain or the shiny gold at a fraction of whats behind the curtain????

GLTA






1 NFG share @ close of $8.61 is equal to 19.1 shares of SIC
Comment by likeike on Aug 28, 2021 8:21pm
I have lost a lot of money chasing leverage. I want to invest where the gold is............no gold no leverage. IKE
Comment by Goldjknf on Aug 28, 2021 9:15pm
Exactly, why hold onto companies that don't have the gold?  Sell and leverage into SIC - lots of gold and more to come.  Sell the duds that are trading higher than SIC and move into a solid company, not Monty Hall's "Lets Make a Deal" do you want the box, the curtain or are you going to keep the money? LOL - but that's kind of what we are looking at so far!! GLTA& ...more  
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