RE:RE:RE:RE:RE:My Sokoman Minerals StoryStockpicks96 wrote: Haha good story Gold. I'd be curious to here BC's story if he would be at all interested in sharing. Cheers and happy holidays everyone.
My Sokoman story started back in 2018 after the Company first made headlines with the first big hole (I think that one was something like 12m x 44gpt). Some background first.
I was out of the junior space for about 5 years busy with my full time career ect. Focused on blue chips and actually not paying much attention to day to day markets. Just buying a lot into ETFs ect. I used a different handle for some stockhouse posting which ended early in 2013 as I recall. I got lucky with Galway Resources bought out by Batista after his Ventana Gold big time buy out. Just caught this deal as the markets sank after this). Then fast forward to 2018.
I wanted to get into a junior and picked SIC because I saw a news flash of the big hole, however also noted Sprott got into this. I know he invests in dozens of juniors however it was early in this new drilling. The downside was this property was explored a bit (improperly like prior drillers were looking for open pit potential and soon left) and many posters were saying it was a lucky first hole and nothing would come up this. So my hopes were not high. I got into a decent position on sh__s and g__gles mostly.
FY 2018/2019 were terrible in the mining space. Price of gold was trading around $1200-$1300. SIC was doing tiny drill programs of a few thousand metres. A few big hits but not a lot of interest. I added to SIC on huge sector weakness in late 2019 although this board was super quiet. A few of the same posters.
FY 2020 was very dissapointing considering gold ran up to $1800, the entire sector was on fire after Covid. FVL was flying which I caught a big piece of from a tip on this board by "Alan making sense". This guy dissapeared soon after and not sure what happened to him. So I always felt good about SIC and this board. SIC was like a dead cat. Nice to see the price movement in early 2021 around spring time after they got a lot of good drill results starting late FY 2020 into early 2021. However this company is a lot better now than then. Drilling is much further along and we have great potential in the lithium/cesium Golden Hope propertty. Moosehead is at a crossroads like never before.
I think I posted before, I am confident SIC will see a coiled spring effect in terms of stock price and market cap. All indications point that way. I do not see how Hole 463 and the drilling around it lead nowhere? Having said that, FY 2023 has to be the time. I do not think we are at the stage for more of needing to "understand the system" ect. Its showtime now. I also think the gold price is set up for a big run. With all the rate hikes and US dollar strength, gold is now at $1800. Shows you that all logic that gold goes down since it has no yield and it goes down with the rise in the US dollar are not always true. Look at historical patterns. Whatever happens with the macro, I think we will know the direction SIC is going within the next few months. We get one or a few good intersections of high grade around Hole 463 and we trade much higher. The lithium/cesium is a bonus if that works out however I am still focused on Moosehead as is the company. This company at this price is a great buy. Downside really nothing and blue sky upside for all of 2023. You gotta be smart to know this and do your DD. Right now, there is an army of idiots sitting invested in dead juniors with the odds of success similar to winning a lottery ticket. If that was the case with SIC, I would not be here since I have never purchased a lottery ticket in my life (a few scrath and wins when I used to carry coins in the old days in my pocket). Why? I do not believe in false hope.
GLTA
BC