Sokoman Minerals Corp. V.SIC

New Press Release - Sokoman Advised That Killick Lithium Project Announces Academic Research Partnership with Research Grants Awarded Totaling $1.32 Million over 3 Years

ST. JOHN'S, NL / ACCESSWIRE / June 19, 2024 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to report that the Killick Lithium Property, jointly owned by the Company, Benton Resources Inc. ("Benton"), and Piedmont Lithium Inc. ("Piedmont") through Vinland...read article.

[PTBailey]

This is good but is it something that will move the stock price?

[geezer21]

It is going to move the neddle further down the line.   There is a huge push on in the US in the billions of dollars to cut dependence on China. Piedmont is at the forefront of that effort and is constructing a lithium processing plant in Tennessee.  However they are having trouble permitting their lithium deposits in the United States which is why they have looked to Africa and

[pepperino]

Hi geezer21. I like your stuff, however I respectfully disagree about some of your thesis.   Piedmont has a partnership with Sayona Mining in a Quebec property, formerly owned by Troilus.  They have an abundance of lithium.  The problem is the price of lithium has sunk dramatically.  I will agree that if China decides war is the answer, more deposits will be neeeded. 

[Stockpicks96]

To be honest I don't see this lithium project amounting to very much at all. The demand for lithium has shrunk quite a bit since it was not back in 2022. The real prize here is Moosehead and I think the lithium distraction, while intriguing, hurt our share price. Fleur de lys could be special in its own right. Point being we are a gold company first and foremost.

[Stockpicks96]

If the killick property goes onto be a world class discovery I'll happily eat my words but I have my doubts. 

[stockshack]

Eat this.

[Eppy]

A lot of volume but no movement forward.  Hope results later this summer or fall start to get this stock moving north.

[stockshack]

Yes, a lot of paper back and forth. The buyers and sellers are at a stalemate. it's not rocket sicience, good drill results move share prices.

[stockshack]

Abnormal volume without big moves is a good thing. It fulsh out weak hands and leaves more dediclted shareholders.