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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 BlueChipper2020on Feb 16, 2023 10:02am
316 Views
Post# 35289648

MY TAKE

MY TAKE Nice to see they are starting a new larger 5000 metre program. I think the size of the land package with other zones stands out today.

I learned a bit abut lithium and lithium juniors in the past month or so. I took a position in one lithium junior about a week or so ago. When I looked at its stellar results along with some other juniors with stellar results, they had a lot of assays similar to SIC however have done a lot more drilling. What makes them stellar is intersections of over 100 metres x around 1.5% lithium with some hits, for example, of say 50 metres x 3% to 5% lithium. Such juniors have dramatic stock movement whenever they hit one of these. Tonnage adds up fast. 

In SICs case, my view as a beginner, is short intersections around 1% do not excite the market per say, however it is early in drilling and this is a massive land package. Further, SIC has a lot of rare earth metals on this property. One decent hit and we trade at $1. I view this as a free option on top of Moosehead. 

GLTA
BC
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