Sokoman Minerals Corp V.SIC

Comparative

[geezer21]

Both Newfound Gold and Sokoman Minerals have been finding high grade gold at shallow depth in Newfoundland.  For comparison are the drill intercepts from Newfound Gold and Sokoman Minerals.  Which is which is not identified just to illustrate that both companies are  equally delineating significant gold deposits. Labrador on the same trend as Newfound Gold has been showing significant drill results also.

A			B
Interval* (m)	g/t		Interval* (m)	g/t
19	92.9		2.3	79.23
7.9	24.1		24.9	33.56
18.9	31.2		11.8	6.61
18.4	15.8		9.05	70.29
41.4	22.3		44.96	11.9
6.9	44.5		4.2	8.95
4.1	40.1		4.6	47.2
16.9	25		8.1	68.25
6.1	10.3		3.5	12.39
13.1	45.3		3.05	16.54
2.4	29.3		6.7	3.25
10.3	25		5.1	15.51
5.8	19.8		4.1	1.52
7.3	19.3		42	64
10.4	22.5		1.5	6.18
15.9	31.4		11.6	21.07
18.2	10		3	1.82
13.8	28.4		5	26.87
3.3	20.6		3	1.61
2	17.1		20.95	5.15
2.9	13.7		1.8	11.85
2.1	136.7		5.4	2.76
14.1	31.5		10.4	3.09
5.6	13.7		3.6	10.4
32.3	6.2		4	24.92
4.7	131.1		22.1	1.65
17.7	124.4		3.5	11.95
4.1	45.6		9.5	5.7
7.9	22.7		5.2	16.85
39.1	25.8		1.6	30.97
2.3	41.6		4.1	21.6
3	49.4		7.2	22.35
4.7	27.8		6.4	17.34
3.9	24.5		3	7.85
6.5	37.1		9.8	6.65
8.5	17.9		4.6	1.21
3.5	19.3		1.55	5.23
11.4	29.1		4.6	1.21
2	41.8		1.55	5.23
13.7	61.8		4.95	27.7
7	15.6		1	54.63
9.2	106.5		4.8	17.56
7.2	261.3		9.2	6.7
2.5	16.9		2.35	20.39
8.4	63.7		5.1	7.64
25.6	146.2		2.35	20.39
8.1	21.4		5.1	7.64
12.9	14.9		4.25	2.58
			2.28	13.67
			2.4	0.75
			5.2	7.68
			3.7	9.1
			0.8	41.01
			6	6.47
			2.2	4.35
			3.6	21.86
			2.55	22.45
			1.7	2.73
			3.1	8.6
			1.1	4.72
			1.2	2.94
			2	1.82
			18.9	13.09
			1.4	60.94
			2.65	1.85
			0.5	22.72
			0.45	278
			17.11	11.05
			2.65	1.85
			0.5	22.72
			0.45	278
			17.11	11.05
			1.53	170.31
			16.84	14.07

[likeike]

So again you stoop to confuse. Which is company A and which is company B or are we to make assumptions that they are not the same. IKE

[BlueChipper2020]

Geezer,  I recognize the drill results. Column A is NFG and Column B is SIC. I am an early investor in SIC going back to 2018 and have had a sizeable position and built a good position in NFG the past several months. So I am not biased in saying that SIC does not have the monster hits that NFG has had. NFG has had several very wide intersections and grades per tonne at crazy levels. They

[likeike]

Blue Chipper my old friend it took 6 weeks to get the results back on a expediated basis from the lab.on barge results. With NFG  fully adopting Chrysos technology and putting a machine  eventually in Gander if nothing elses it will speed up the labs as I am sure they get  more core form NFG but how fast do you see SIC using photometric assay and how soon will it be readily

[guy491]

Likeike the first results on barge take 6 weeks but now it will take 2-3 weeks because they sent samples every 2 weeks...and the 6 weeks of waiting is over.

[geezer21]

"...do you really believe the market is that dumb at this point with NFG valuation at about $1.3Billion and SIC at $70M? Markets are imperfect but lets not be realistic. Again, I love both companies." Good question. As of Jun 21 financial report SIC was trading at 4.375 of book and NFG was trading at 14.672 of book. However, their gold deposit assets are not booked yet and will not be

[BlueChipper2020]

Geezer You are basically trying to make the case SIC should be valued at the level NFG is because the markets do not have your wisdom. It is one thing to argue that NFG valuation is high and many can say Tesla is far to high. So what. You are doing price to book valuations on junior miners? NFG valuation is what the market says not me and not you. You really believe your posting on this board to

[geezer21]

"You are basically trying to make the case SIC should be valued at the level NFG" No.  You need to be more decerning in your reading.

[geezer21]

'You are basically trying to make the case SIC should be valued at the level NFG' The value of SIC, NFG, LAB, and any other mining company is determined not by you, me, or any shareholder but by the value of the gold in the ground, the cost to get it out, the market price of gold, the jurisidction of operations, managment skill, weather, terrain, location, infrastructure, labour

[BlueChipper2020]

Wrong. The value is ultimately determined by the market price which is the best indicator of fair value as per International Financial Reporting Standards (IFRS 9 level 1 fair value of publicly traded companies.). One price is 8.51 for the 1.3B company and the other $.35 for the 70M company. FYI even 43-101 valuations do not supercede the fair value of a trading price. Your posts are now a waste