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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 Sep 07, 2023 9:08pm
155 Views
Post# 35625338

Wonder1stock re: SIC

Wonder1stock re: SICMarkets suck,  however many exploration companies actually keep on drilling. That is why we call them gold exploration companies. NFG Is off it's 52 week high, however that is not preventing it from drilling,  get it DRILLING . When sentiment returns into the sector NFG will be on steroids on the way up. SIC is sitting on it's laurels. Nothing is being done on the gold front. Wasting time and money on uneconomical projects. It will be interesting to see how they will do a PP. During the bear market no one in  their right mind will give SIC financing unless the terms will be so brutal that sooner or later the excessive dilution will force the company to consolidate it's shares. 1 for 10 is a given. What SIC did is more or less unforgiving.  From a brilliant few high grade holes and  bright future...into forgetful shell of a company. Investors understand sentiment, bear and bull markets of the sector, however it becomes more and more apparent that SIC will face a very unpleasent future.
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