Sokoman Minerals Corp V.SIC

analog to pmet

[garland]

The Kraken pegmatite swarm has a long way to go to even get close to Pmet but there are some elephant tracks out there. This is my list of key indicators leading toward that Conclusion :

- good grade lithium as high  as 2.73% with 11 rock samples greater than 1.0% lithium
- the  known immediate trend ( drilling and rock sampling ) is approx. 3.0km long
- historical data ( additional pegmatite occurrences) suggests the trend could be 6.0km long following an extensive fault system
- Sic has staked almost all of that ground ( very large property!)
- the discovery hole found 8.4m of 0.94% lithium
- Sic is waiting on 13 drill holes ( 2400m) - all from the East dyke swarm ( 600m east of the -discovery hole)
- one drill hole contained a pegmatite dyke of approx. 27m thickness ( which is getting there)
- drill hole GH -22-15 looks impressive - very high density of spodumene crystals suggesting much higher grades  are possible. (4.0%?)
- 700 core samples were sent to the lab ( suggesting lots to look at and lots to wait on)

As I said earlier , IMHO Kraken is in it's infancy ! Kraken is where Pmet  was a year ago .Pegmatite dyke swarms usually contain innumerable dykes and dyke complexes covering a large area .Lets hope at Kraken the sheeted dykes are stacked and folded upon one another leading to a massive thickness similar to that  just announced from Pmet. Whatever  Sic uncovers, it will only add significant value to Sic on top of the  already impressive Moosehead project!

( IMHO SIC is ridiculously undervalued!)

[BlueChipper2020]

Garland thanks for the informative post. Congrats to holders in PMET. I had a look at the history and just 1 year ago it traded for about $.37 and the market cap of the company was roughly around $30M, maybe less.  Regarding SIC, things moving a lot slower in FY 2022 than I thought they would. I know the lithium property is early, however was expecting more progress on Moosehead. We have not

[Maxmoe]

I remember when Robert friedland, billionaire, was looking for diamond drilling targets by helicopter in Labrador. Or so the legend goes. Landed near an interesting outcrop. BAM! Diamondfields resources inc found the voiseys bay nickel deposit worth billions. Who knows, maybe Tim finds a giant lithium deposit while looking for gold.  

[Maxmoe]

Though, it would be nice to see some more high grade drill results from the gold prospects

[AlwaysLong683]

SIC cash position "as of May 2022":    13M SIC cash postion "as of June 2022":  13M Both sources above indicate the same number of Options and Warrants outstanding, so perhaps payments for drilling between these two dates has not been made yet....? The above also does not count expenses for July and August. Not sure how low SIC will go re. cash on hand before

[Maxmoe]

Financial results are reported quarterly, not monthly. So a single point in time number will not change one month to the next unless the quarterly result is updated during that month. 1 in 3 chance.