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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

Comment by 666999on Jul 06, 2024 8:51am
185 Views
Post# 36120953

RE:Market cap on June 8th 2021 was 110m

RE:Market cap on June 8th 2021 was 110mMkt cap can't go lower, because of value of properties, past drilling, this is floor, it can go higher, but there is a catch, if company raise PP with current share price valuation, M new shares will be listed, and not much money will be raised, company has to run, so most money will be spent on running company, and this is important for employes, to have a job, investors on other hand, hm, as junior market is in toilet, its not very promising, lets say that now you buy some kind of lottery ticket, when folks here were predicting where will share price go, I just shake my head, it was a dream, one poster who was very popular and bought last shares at 0.09 got always many likes, and he was very optimistic, now is gone, as is his investment, hope no one bought shares, after war in Ukraine started, and on advices here...you can now buy producers who drill and expand production for low valuations, and are benefiting from rising metal prices, so can company succed, maybe, can it disappear like most juniors, we will see...reality can be brutal and market even more, last thing I will say is that mgmt has drifted from the path some time ago, cheers
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