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Sokoman Minerals Corp V.SIC

Alternate Symbol(s):  SICNF

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. Its projects include Moosehead Gold, Fleur de Lys, Grey River Gold, Kepenkeck Gold, Killick Lithium, Crippleback Lake Gold, Startrek and Iron Horse. Moosehead Gold property includes 98 claims totaling 2,450 hectares adjacent to the Trans-Canada Highway in central Newfoundland. Fleur de Lys project of 1,891 claims on the Baie Verte Peninsula of NW. Grey River property in southern Newfoundland includes 324 claims in seven licenses, centered on the community of Grey River. Kepenkeck gold project, located in central Newfoundland. Killick Lithium Project is in southwestern Newfoundland. Crippleback Lake Gold Project is in proximity to the Trans-Canada Highway in north-central Newfoundland. Startrek Property is located 20 kilometers (km) east of the town of Gander, Newfoundland and Labrador, Canada. Iron Horse project is located over 120 km northeast of Labrador City, Labrador.


TSXV:SIC - Post by User

Post by BlueChipper2020on Jun 02, 2021 11:06am
301 Views
Post# 33310601

Where I think we are going

Where I think we are going SIC looking strong today and I think the Company is being re-rated based on Tim`s brilliant move in acquiring those strategic land packages (Fleurs by SIC alone and 3 JV`s with Benton). Those land packages have specific types of geology which were shown in a slide early on in the webcast the other day. Not sure whether it is in the current SIC corporate presentation but it showed all SIC`s properties including the JV ones and the different types of geology. 

We have upcoming assays, probably some next week, which I think will continue to be very good to stellar (footwall splay and south pond).

The barge program drilling on the Eastern Trend pond starting in August will be very important according to Tim. I am really hoping for the best on that one. That could be a major game changer and could shed a lot more light into the nature of this structure. I am a bit nervous on it since I think it will shed light on going deeper right into the belly of the eastern trend. 

Somewhere between the above two paragraphs, I fully expect SIC to do a major financing to capitalize on the hot gold market and hot Newfoundland region. They will be able to do it easily, with all factors being equal (I mean no major changes in the macro global environment affecting the junior gold universe). Then I fully expect them to plan to do some small initial drilling on one or more of the other land packages (after airborne surveys and other preliminary work). I believe getting moving on these other prorperties will happen quicker than nornal since new investors in a large PP will expeect it. Maybe early next year. 

Just my thoughts, however there are sooooo many surprises in the junior space. It is like walking into a dark room and turning on the light, you never know what you will see. 

GLTA
BC  
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