Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by Goldjknfon Jan 08, 2023 10:10am
300 Views
Post# 35209525

surething1111 - I'm confused

surething1111 - I'm confusedGood morning surething,

I would like a little clarification from you.  Year end contest Price of Sokoman at the end of 2023, first you wrote the following, then yesterday you wrote a new post and said you should have multiplied by 3?   

To be clear - what year end price prediction did you mean?

Where you dividing dividing by 3 or multiplying by 3 - what year end prediction did you mean?  Confused?  In any event the contest closed on January 1st, so your guess stands, but I would like to know your opinion?

Thank you JKNF

Goldjknf,

Hope I'm not too late on this, but my prediction is 1.55 per share.

My reasoning is as follows:

We now have 2 high probability projects:
Moosehead,
We now are back following the source of the ultra high grade at the footwall splay. Remember these kind of finds don't occur in a vacuum. As we track deeper(and stay on target), expect remarkable intercepts. Anyone that has followed the Swan Lake discovery will note the vast similarities. Source appears as a narrow cross fault system, either sourced independently, or as I suspect, traces back to the 52 area of the main Valentine Lake fault.
In decent gold market, I would expect a 2.50-3.00 price range for this property alone, with continued drilling success. Remember we already have 1.2-1.4 million oz. of shallow high grade(my envelope calculation). We have a mine....... question is how large.

Lithium project.
Going off recent visuals, and intercepts, I recently not only added more SIC, but also Benton. I feel quite confident that assays for these cores will come in at multi percent ranges. Remember that lithium being a low density material, many times surface trenche results represents diluted grades(unlike gold). Thinking that Kraken may add 2.00 to our share price.

Being the eternal optimist that I am(note my name), I've decided to divide my projection by a factor of 3.
Just my 2 cents.,.....sorry for the rambling

Best longs
S

Thanks for including ggnewmex1

I seem to have forgotten who set up this contest......maybe wife and kids are right about my senility......In any event, I'll just chalk up to another senior moment lol.

BC.....if it makes you feel better maybe I should have used a multiplying factor of 3.

We should never under estimate the lithium market eh?

Best
S
<< Previous
Bullboard Posts
Next >>