Share Price Crosses Over 200 Day Moving Average
Starting last July, Sokoman's share price has been climbing with a seris of positive news releases that continued into December.
Sokoman was coming with strong drill reports prior to last July but starting 7July Sokoman's share price has been climbing with a seris of positive news releases that continued into December.
7 July Strong drill results suggesting a new high grade zone in Eastern Trend
28 July Lithium found at Golden Hope
6 Sept Drill hole 22-463 intersects high grade 39.6 m of 12.5 g/t Au in new zone
18 Oct Phase 2 lithium drill results from Good Hope
17 Nov Cesium discovered at Good Hope
28 Nov Structural Update on hole 22-463
30 Nov Phase 3 report on Good Hope lithium
1 Dec Confirmation of high grade cesium
15 Dec Hole 22-505 intersects 463 zone with strong visuals, assay pending
22 Dec Over subscription non-brokered private placement
Sokoman's rising share price pulled the 50 moving average into an up trend and has now crossed above the 200 day moving average. The MACD is in an upward trend since mid November.
Higher trading volumes are suggesting more investors are becoming aware of the value of what Sokoman is uncovering.
Down side risk has been greatly reduced with reports that came out, with a second significant lithium project to the main Moosehead project and a supportative over subscription to fund on-going drilling. While Sokoman's hidden value is becoming more apparent it is still early going with unlimited upside ahead.
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