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Sirios Resources Inc V.SOI

Alternate Symbol(s):  SIREF

Sirios Resources Inc. is a Canada-based mineral exploration company. The Company is focused on developing its portfolio of high-potential gold properties in Eeyou Istchee James Bay, Canada. Its projects include Cheechoo, Aquilon, Maskwa, Li-52, Niska and Tilly 2. The Cheechoo gold project is located in the Eeyou Istchee James Bay region of Quebec, less than 15 kilometers (km) from Newmont’s Eleonore gold mine. The property consists of a main block of 121 claims, as well as a secondary block of 35 claims located about 20 km to the west. The Aquilon project covers 68 km2 of the Aquilon greenstone belt, in the La Grande subprovince of Quebec. The Maskwa gold project is located approximately 100 km southwest of Radisson and approximately 120 km east of Wemindji in Eeyou Istchee Baie-James, Quebec. The Li-52 property, located in Eeyou Istchee Baie-James, is made up of 550 claims covering an area of more than 286 square kilometers (km2).


TSXV:SOI - Post by User

Bullboard Posts
Comment by pogsonon Jul 19, 2020 8:22am
119 Views
Post# 31286746

RE:RE:TO Matt, my thoughts!

RE:RE:TO Matt, my thoughts!
Matt wrote, "The market dictates the price.
If it was worth more the market values it higher.
Get that through your thick head."

This logic is faulty. The market is not speaking about the value of SOI's shares. There are more than 100 million shares extant. Just a few thousand are trading daily. It's a false assumption that the value placed on lawn mowers in yard sales reflects the value of lawn mowers in the market. YouTube is full of videos of "take it away for $free" instances of a mower needing and oil-change or a carburetor cleaning to be good for a decade more use.

SOI's value is not 17cents. It's 1/1xxmillion of what SOI is, a prospector sitting on 1.6million ounces of gold and probably more in Cheechoo and elsewhere. The daytraders are not setting the value of my shares. That's why I and many others are not selling our shares at this price.

When SOI starts taking that gold out of the rock and selling it on a liquid market at $1800USD/ounce shares will trade for dollars per share, not cents.
Bullboard Posts