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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

Comment by BlueChipper2020on Jun 19, 2021 12:46am
314 Views
Post# 33416098

RE:Eric Sprott: "Back in the Saddle Again"

RE:Eric Sprott: "Back in the Saddle Again"
BlindBoy wrote: Following an extended period of absense from public interviews, due to family health concerns, Eric finally returned to Sprott Money "Eric's Weekly WrapUp with Craig Hemke" today.
*  The first 11-1/2 minutes are talking about non-market stuff (Covid/Vaccines/Fraud/etc)

*  ~ 11:40  He begins to discuss Silver & Gold / Fed manipulation
*  ~ 15:20  Talks about Basel III / unsure of the underlying BIS motivation for implementation, but has heard that China & Russia might have pressured the BIS with threats to set up their own gold standards.
   **  Thinks recent hits on PMs may have been to PUSH the STOP LOSSES (edit: that's
            always been a common strategy by market makers & specialists) TO COVER SHORT
               POSITIONS.
*  ~  18:17  The subject of the discussion moves on to "NEW SPROTTLAND" (as Craig
 Hemke playfully suggests might be a nice name for that island province off to the far east of   
 the rest of the Great White North.
   **  Eric credits Dennis Laviolette showing him a 2019 NFG drill core as being his initial
        reason to jump to attention, and figured he should buy into the Private Company.
   **  He also credits some articles from Ian Honsperger (Geological Survey of Canada) for  
           background information on the geology of the region.
   **  He credits Sean Ryan for his boots on the ground staking approach for bringing attention 
           to the region
   **  Of course, he credits Quentin Hennigh, who was also a major influence on Eric's earlier
           romance with Fosterville
   **  He stresses that they are all looking for many deposits ! 
   **  They believe that this could be like the early days of mining in Timmins in 1918 !
   **  He talks about Sokoman, and Labrador Gold .
   **  He stresses that there are 6 major faults !!!
   **  He believes that these are the early days !!!
   **  He states:  " this is fun !!! "
   **  He mentions a number of the other companies in the region that he also owns.
   **  He stresses that he is not  a short term "trader"
   **  If their geological concepts are being met with positive results in the field, his own trading
            strategy is to PRESS the BET !!!
   **  At this time, they are all wondering, "how BIG can it GET ??? "

https://www.youtube.com/watch?v=SA9TNJOkBRI
[/url]
[/quote]

Thanks for posting BB. 

I just listened and some key points I noted:

- Sprott view on Newfoundland plays is "oppurtunity of a lifetime similar to Fosterville" 
- NFG hole 25M x 146gpt =m x g of 3650 = which is higher than anything at Fosterville is very "telling" 
- folks like QH and I believe the Goldspot CEO said NFG is not looking for a deposit but looking for MANY DEPOSITS 
- Sprott says he tends to believe what some are saying that Newfoundland is like Timmons in 1918 
- Mentioned Sokoman and said they have had crazy crazy good 
- 'were just getting into it now" and says he is very excited about it 
- {I am paraphrasing} Eric said if things are going well, you press your bets which is why he continued to buy right up to $12 bucks 

Great listening 

GLTA
BC


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