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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 Nukes000on Aug 05, 2023 12:34pm
194 Views
Post# 35574853

SIC...

SIC...July and August are pretty favorable  months for gold & gold stocks. Many junior companies' stocks made a move to the upside. Oversold conditions were apparent. SiC would need to move above 0.20 and consolidate above that level for a while to show a sustainable strength. Although the last few days have been encouraging, it remains to be seen how long this rally will last. Stock market in general is approaching the worst two months of the year for equities, so the odds of a prolong move to the upside are slim. Unless this company releases some breathtaking news the odds of a positive price action going into Sep & Oct are slim. For investors any green on the screen is much better than red so no complaints here. When a new bull market in gold and gold stocks begins the returns will be astronomical and even pigs will fly. The only question is when not if.
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