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Sokoman Minerals Corp V.SIC

Alternate Symbol(s):  SICNF

Metals & Mining Industrial Metals & Minerals
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

Sokoman Minerals Corp > Why are Gold Stocks not in tandem with Gold?
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Comment by Stockpicks96on Apr 13, 2024 4:04pm
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Post# 35987656

RE:RE:Why are Gold Stocks not in tandem with Gold?

RE:RE:Why are Gold Stocks not in tandem with Gold?Geezer - I hope you are right.

We have 30+ high-grade hits, but no real continuity has been proven from the various mineralized zones to date. The market seems to be waiting to see if there is continuity, hence why we are stuck down at these levels - the hype that caused us and the rest of Newfoundland to fly 3 years ago is gone now. 

With 300 million shares outstanding, Tim must find something this year. That's right, MUST. Otherwise more dilution is coming at absolutely dismal prices. We will be diluted into oblivion.

I am still a believer that we have the goods, I am fairly confident that Moosehead will be a mine one day. Contrarily, if the winter drill program turns up nothing but dusters then I will be very disappointed and my confidence further shaken.

Keep the faith folks. 

GLTA


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