Bullboard - Stock Discussion Forum Sokoman Minerals Corp. V.SIC

Alternate Symbol(s): SICNF

Metals & Mining Industrial Metals & Minerals

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

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Sokoman Minerals Corp. > Sokoman Minerals Gets Punished For Good Deals

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Post by NLMoose on Oct 25, 2023 11:18am

Sokoman Minerals Gets Punished For Good Deals

Is it just me or are Sokoman Minerals getting punished for making great deals?

In fact, two weeks ago, Sokoman Minerals entered into an agreement with an American based Lithium exploration company like Piedmont Lithium for its Killick Project, but they are getting punished as opposed to be rewarded.

Sokoman Minerals even got paid $10 million worth of Piedmonth Lithium stock, which gives them some control over the American based Lithium company, and investors are still not happy.

If there's any justice, Sokoman Minerals will be worth way more than 7 cents a share.

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Comment by various on Oct 25, 2023 1:26pm

It is absolutely just you. It was not a good deal. And they haven't had a single decent drill results this entire season. So yeah. Unless a miracle drill result shows up in winter, this is going to 4 cents, and a PP there. I haven't been wrong so far.

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Comment by Nukes000 on Oct 25, 2023 1:26pm

SiC didn't get pay anything : Upon Piedmont completing all earn-in options, Piedmont will have paid Benton and Sokoman up to a total of $10-million in Piedmont shares; Nothing was completed.

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