Sokoman Minerals Corp V.SIC

PP

[PondHopper]

28  cents isn't too bad. Interesting that they are only allowing half a share at 36 cents for the warrants.. That means that they are confident that this will fly. 1.5M shares at 36 cents is still a pretty good chunk of cash.

[BlueChipper2020]

Agree. Good post. They will have 4.7M plus the 3 M ot 7.7M after the PP. Glad this one was not to big because with the half warramts tells me they are confidemt.  Only question now is will it be Moosehead gold or all the rare earth metals at Golden Hope that gets us to the promised land FIRST. I will say it will be the drilling around Hole 463.  GLTA BC

[BlueChipper2020]

sorry pondhopper. Didnt mean to plagarize your word about SIC being confident about half warrants..I posted many times about PPs at these low levels but SIC had no choice. Hlad they did it small and I think they wanted to minimize dilution so they added 3M to the cash of 4.7M on hand. I think they could have raised more at this low stock price and glad they didnt. They know we GO higher.  BC

[PondHopper]

No worries, nothing to plagarize... it just seems to be the case. Unfornunately, we will be pinned down until they fill the PP. Hoping that will be soon. There is an opportunity cost as you can see as many gold stocks are up 6 percent today, like NGD and MTA for example and we are down 10 percent today.

[666999]

PP has nothing with share price, I have written that when share price goes to 0.30,  people will book profits, what is positive is that volume was good at last run up, and when share price goes down, there are no sellers, market is weak, and this will continue for ..... We will see after new year what happens, mgmt has to keep things going on, so PP is necessary, difficult times for shure

[Stockpicks96]

I saw a lot of negativity about the pp on the ceo forums, which I think was way overblown. It was a relatively small pp as you said, just enough to buff up our funds for future drilling.