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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 lewdoggon Jul 08, 2021 2:55pm
98 Views
Post# 33515720

RE:RE:RE:prices were too rich based on over promotion

RE:RE:RE:prices were too rich based on over promotion
hisandlos wrote: The problem is that many are comparing  the Newfoundland companies with each other when it

comes to market caps.   100 million dollar market cap is excessive when you start comparing that

to other companies in other areas of the the country where you will find companies that are 

wayyyyyyyy  ahead  in their exploration  and  results and are trading for fractions of what the

companies in this area are going for.   I mean  Wallbridge is trading at almost a 400 million 

dollar market cap   ...  so Sokoman at over 100 million dollars when you start to really look at the

companies  ....   NO WAY Sokoman is worth 100 million.   What about a Mexican Gold who is

supposed to release  their preliminary economic assessment and if you really dig into what they

have   ...  probably will announce over a million oz resource nevermind the potential  ...  trading at 

less than 20 million dollars.  So there are two different companies where you can compare 

Sokoman at whre they are  and both of those will scream that Sokoman pricing is 

completely out of whack.  That is the reality.  


Location/jurasdiction have a lot to do with valuation. We're getting a premium for our "closeality" to NFG.
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