RE:RE:RE:ScorecardGoldCasino wrote: SIC & LAB do not compare at all IMHO. LAB has yet to produce a single drill result. The main reasons that have propelled LAB higher are their location to the Appleton Fault(numerous outcrops), excellent financing, great PR by Roger Moss and the fact that they stumbled upon the "Big Vein"(BV). LAB's first drill hole K-21-01 will pass through BV rock with VG that they have already tested at 1,000+g/t Au. Everyone is expecting a barn burner bonanza hole from LAB right out of the gate. SIC has been working Moosehead longer and has been using historical data to figure out what they have and basically where to drill. They have a host of exceptional drill results to date and hopefully with more to come. Tim has been working on a shoe-string budget up until ES dumped some big cash his way recently. It is astounding what SIC has accomplished up to this point. If you compare SIC to the larger slicker NFG operation, I still maintain what they have found for what they have spent in time and money, is on par with NFG or even surpasses them. Who knows what SIC would find if they too had the resources of NFG, a 200,000m drill program and 10 rigs.
Goldcasino, you are a casino full of knowledge. Great post. I agree. Always fun to compare the three amigos (I am gonna take Marathon out. Marathon is at an advanced stage with a feasibility study, it will be a mine, and it is trading lower since that ALWAYS happen when an exploration company goes into being a producer. You have a new class of investors with different risk calculations that enter).
So back to the 3 amigos (maybe the scorekeeper can add Exploits to this?), the success of all of them is good for any of them. That is my view. LAB is likely to succeed, however investors are expecting a lot from the first holes. If they do not hit big, that stock can get cut in half. Even if they ultimately hit big holes in the future.
I have been with SIC since 2018 and I know all about the small 3,000 metre drill programs. I also remember the sell offs after the phase 3 and 4 results were released. SIC is now a very very different company and this 50,000 metre program and 4 rigs will allow them to maybe get some NFG type hits. However even if SIC does not get hits like NFG (which are freaky and very very very rare to say the least), SIC's hits thus far have been spectacular. SIC is going higher. A few more strong hits and opening up zones will reach this stock much higher. Blue sky potential here folks.
GLTA
BC