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