RE:RE:RE:RE:RE:RE:RE:Waiting for AssaysGoldred wrote: Thanks BC,
Your comments are refreshing and very rational, and well thought out. Experience is at play here. The one thing that I have to constantly remind myself is that investing in juniors is speculative and some a lot more than others - therefore the wins are much larger but so are losers.
I would like to think that SIC has considerably more going for it then the average junior explorer. I believe in their story, only time and drill bits will tell.
Goldred
Goldred, I will try to keep this as factual and unbiased as possible since I own a wack of shares in SIC.
SIC is way way more than the average junior. In fact, to begin with, 90% of junior miners anywhere on the planet are junk right out of the gates. They spin their wheels for years and the ones that become successful is pure luck. The management of these companies is also very poor.
SIC is in my view, in the top 5% of juniors in terms of quality. SIC has had excellent drill results since 2018 and was slowed down by the dead gold market in years 2018 to early 2020. Moosehead has tremendous potential and SIC has acquired excellent land packages to diverify risk. Tim is an excellent geologist who knows Newfoundland like the back of his hand. Other than NFG, SIC has the best drill results of any other junior. Even with all this, there is no guarantee of course of ultimate success, however there is none for any junior at this stage. So, this play is a heck of a lot better than the average junior.
BC