Sokoman Minerals Corp V.SIC

Alternate Symbol(s): SICNF

Metals & Mining Industrial Metals & Minerals

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.

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Sokoman Minerals Corp > Fundamental Research Initiates Coverage on SIC

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Comment by Maxmoeon May 31, 2022 8:23pm

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Post# 34721829

RE:RE:Fundamental Research Initiates Coverage on SIC

I agree it's misleading to call it "fair" value. It could more accurately be called comparative value, or relative value, or maybe even "risked" value if it was properly defined. Any trained student of financial analysis however recognizes the term "fair value" as having some relation to cash flows, assets, etc in other words fundamentals. NPV and capm stuff. I'm okay with calling it "cheap", or a "bargain" both of which are obviously relative terms. "Fair" implies something more. Something numerically impartially measurable. I haven't read it but I'd bet the tiny print, cya, legal jibber jabber at the bottom of the report is indicative of the author's bias. but I'll buy more it's cheap

BlueChipper2020 wrote:

Goldjknf wrote: Fundamentally - very conservative - Nonetheless - Good Article - Fair Value at $0.60 trading at $0.32, no brainer everybody, load up and hold!!!!

What have all the longs been saying here, buy and hold!!!!

I have never liked a Gold stock so much before, and too many blind/ deaf and dumb people out there!!!

GLTA longs JKNF

I have been a LONG since FY 2018 however note the following:

1. The fair value of SIC by best measure for a junior with zero measured/indicated resources let alone any proven reserves and no cash flows is the trading price of shares which is $.32. This is the price at which market participants have agreed as to fair value.

2. The article sets a price target of $.60 and does not say the FV is $.60 today. In any event see No. 3.

3. Setting price targets on junior miners with no cash flows and those (such as SIC) which has no measured/indicated resources let alone proven or probable reserves is completely bogus. These types of reports are a good summary of a company and provides some type of wild guess to clients/potential clients on a particular junior.

4. SIC could drill one hole which is similar to NFG and be trading at $1-$1.50 by this time next week. Or maybe we get some great holes from Golden Hope. My point is only GOD knows what is in the ground.

SIC is a great value play with blue sky potential. However it is a junior miner and full of speculation ect. Do not take these write ups too seriously since the author has no clue of where SIC will be a year from now.

The market is the ultimate judge.

GLTA
BC