Sokoman Minerals Corp. V.SIC

Sokoman

[WONDER1STOCK]

https://ceo.ca/content/sedar/SIC-20230529-Interim-financial-statementsreport-English-d655.pdf

[AlwaysLong683]

According to SIC's website, the company had $7.5M cash in January 2023. The latest financial statements indicate SIC had $6M in cash as at March 31, 2023. Wonder how much cash they have left now (end of May) and when will they have to do another equity raise...?

[various]

Given their supposed ramp up in drilling I'd say around $4M or less. They'll have to do a raise by fall for sure. Given Tim's laid back attitude, absence of strong drilling results, and poor communication/transparency, I'd say we're going much lower over the summer months. Maybe a raise priced in pennies as we trend that way.

[various]

Wondering why the move up on low volume? (250k shares is about... $26K LOL) they're trying to prop up the share price for a round of financing. They've bled dry by fall like many others also anticipated, and all the while absolutely nothing to show for.

[DutchvdL]

Doesn't seem as if there has been too too much drilling hopefully they are still sitting on some cash 

[Maxmoe]

Why can't so many posters learn how to find the TOTAL volume traded? It's not just tsx as reported on stockwatch. When will stockwatch get out of the 20th century and start reporting total volume by the way. It's so far out of date it's no longer an "upgrade" it's just plain wrong what they report. For ALL stocks , btw, not just this one. See stockwatch. Volume is

[calico]

Actually, Stockwatch gives a more accurate (larger) record of trading volume than any other website, when you type in individual ticker symbol (old site).

[Maxmoe]

To be clear. Stockhouse sucks. Stockwatch rocks. As far as reporting trading volume anyway. I may have got some of my comments bassackwards and/or confused with my earlier message. 

[various]

Bluechipper you and me are right on the money.