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Bullboard - Stock Discussion Forum 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... see more

TSXV:SIC - Post Discussion

Sokoman Minerals Corp > surething1111 - I'm confused
View:
Post by Goldjknf on Jan 08, 2023 10:10am

surething1111 - I'm confused

Good morning surething,

I would like a little clarification from you.  Year end contest Price of Sokoman at the end of 2023, first you wrote the following, then yesterday you wrote a new post and said you should have multiplied by 3?   

To be clear - what year end price prediction did you mean?

Where you dividing dividing by 3 or multiplying by 3 - what year end prediction did you mean?  Confused?  In any event the contest closed on January 1st, so your guess stands, but I would like to know your opinion?

Thank you JKNF

Goldjknf,

Hope I'm not too late on this, but my prediction is 1.55 per share.

My reasoning is as follows:

We now have 2 high probability projects:
Moosehead,
We now are back following the source of the ultra high grade at the footwall splay. Remember these kind of finds don't occur in a vacuum. As we track deeper(and stay on target), expect remarkable intercepts. Anyone that has followed the Swan Lake discovery will note the vast similarities. Source appears as a narrow cross fault system, either sourced independently, or as I suspect, traces back to the 52 area of the main Valentine Lake fault.
In decent gold market, I would expect a 2.50-3.00 price range for this property alone, with continued drilling success. Remember we already have 1.2-1.4 million oz. of shallow high grade(my envelope calculation). We have a mine....... question is how large.

Lithium project.
Going off recent visuals, and intercepts, I recently not only added more SIC, but also Benton. I feel quite confident that assays for these cores will come in at multi percent ranges. Remember that lithium being a low density material, many times surface trenche results represents diluted grades(unlike gold). Thinking that Kraken may add 2.00 to our share price.

Being the eternal optimist that I am(note my name), I've decided to divide my projection by a factor of 3.
Just my 2 cents.,.....sorry for the rambling

Best longs
S

Thanks for including ggnewmex1

I seem to have forgotten who set up this contest......maybe wife and kids are right about my senility......In any event, I'll just chalk up to another senior moment lol.

BC.....if it makes you feel better maybe I should have used a multiplying factor of 3.

We should never under estimate the lithium market eh?

Best
S
Comment by surething1111 on Jan 08, 2023 12:05pm
Hi Goldjknf, Sorry, I'll stick with 1.55, with my always being overly optimistic, I'll stick with the division by 3 method. With gold and commodity markets turning positive and 2 or 3  12-14meter interval hits of 100 gpt+ hits at Moosehead who knows? Like our chances at Kraken as well...... expecting those assays first, and for excellent results. That might actually put us on the ...more  
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