Sokoman Minerals Corp V.SIC

Fosterville comparison to Moosehead

[winr88]

In this interview Tim Froude explains some of the similarities of Fosterville and Moosehead. He also mentions New Found Gold comparisons too. Very good listen and watch if you have not already seen it.

https://www.youtube.com/watch?v=2RUFqfOdt4o

[likeike]

Remember Tim Froude was at Fosterville now 9 years ago. I am pretty sure he was  well engrained with what they had before NFG new what they had.IKE

[likeike]

so to be clear although we are drilling with phase 6 program with 2 drills  minimum of 20,000 meters. NFG is drilling the pudding as QH says this year with 100,000 drill program. Tim Froude says will have drill results every 1 or 2 months NFG will have  drill results every 1 or 2 weeks. Tim F. says we can move to the next level of a 100,000 meter with 4 rigs. He did not say 

[winr88]

Despite some very good results Sokoman SP is just over 20 cents. If and likely when more good results come the share price will rise and raising money will not create as much dilution. Once a company is in the position NFG is in where the SP is well over $3, dilution is not a big problem   nor raising money for 100,000 meter drill rpogram. I suspect Tim's plan is a 100,000 meter

[guy491]

And don't forget a raising price is 7.5 millions warrants 

[guy491]

7.5 millions dollars

[likeike]

Our market cap is a mere fraction of NFG for a reason. We cannot have a 100,000 meter drill program now as we are not developed enough to have that many drill targets. We may very well yet but all indications now we are not sure what we have and the market is handling it as if we are on to something but no as big as NFG.....we may as well be a minime until proven different. If this stock

[guy491]

Likeike are you able to make a post without Nfg

[likeike]

Probably not guy ....they are too entertwined and as it sits right now SIC is a minime NFG. Too many similiarities to be ignored but that is just my opinion.. IKE

[winr88]

Vancouver labs are slow too. Most if not all labs are backed up. 6 weeks has become longer in many instances.  Another explorer I am invested in have dropped Vancouver and have picked up a new lab in Reno Nevada. Vancouver was very slow and they/we waited months. Reno is not too for from their exploration property in Arizona.  At this point in time my interest is what SIC is doing. They

[likeike]

Winr88 this is a exploration company. It is still 1 in 300 that ever become a mine. So if if this stock goes up 12 fold you would not consider selling? How many stocks have you had that have gone up more than that? How much more prosperity can it have at $3.00. KL you could have bought I think at $2.00 10 years ago and is now $45.00. Are you saying this is another KL?     

[winr88]

I have no doubt one has to have a selling point when owning a Junior miner. My opinion when arriving at a selling point one has to look at where the exploration is at and what possibilities that 1 in 300 will shorten the odds or lengthen them. If one gets to that sell goal easily and propects are great and the SP is still rising, Why sell all shares? Hold some and let it run if it will. If

[ggnewmex1]

Great post Ike.. thank you for the detailed analysis