RE:RE:RE:RE:RE:RE:Tomorrow morning GAP-UP fast to 0.20¢watch the warrants and exercising of them....25 cent warrants. To exercise I would fully expect the SP would be North of 50 cents, but the financing ppl would be all in at that point, and this should really kick into gear....5X - 8X from here if we see these warrants go all in.
From the latest NR....
- At least seven holes, MH-19-50, 52, 53, 56, 61, 62 and 63 (including five from the ice) intersected visible gold bearing quartz veins, highlighted by MH-19-62 which cut three separate veins from 0.30 to 0.90 m thick (core lengths*) with the 0.90 m vein carrying widespread, fine visible gold within a strongly mineralized section from 240.00 to 244.50 m downhole, located 110 m northeast of discovery hole MH-18-01.
- Strike length of Eastern Trend shear zone extended to at least 175 m, remaining open along strike to the north and south, and to depth.
Timothy Froude, P. Geo., President and CEO, states: "We are extremely pleased with the results from the third, and quite possibly the most successful drilling Phase of drilling at Moosehead. While our window for effectively testing the Eastern Trend has temporarily closed, we anticipate a barge-based diamond drill program to take place later in 2019 so as to continue evaluating and expanding the high-grade mineralized zone. With a healthy treasury of just under $3 million, we are well positioned to take Moosehead to the next level. We also intend to complete drilling on the nearby, epithermal style, Clarks Brook property during Q2 2019, testing for high-grade mineralization we believe may exist below the known mineralized zones."
Read more at https://stockhouse.com/news/press-releases/2019/03/19/sokoman-minerals-completes-phase-3-drilling-at-moosehead-gold-property#d7ttgO5CzMcUwork.99
Disclosure: I own SIC....Do your own DD folks.