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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

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Post by BlueChipper2020 on Feb 16, 2023 10:02am

MY TAKE

Nice to see they are starting a new larger 5000 metre program. I think the size of the land package with other zones stands out today.

I learned a bit abut lithium and lithium juniors in the past month or so. I took a position in one lithium junior about a week or so ago. When I looked at its stellar results along with some other juniors with stellar results, they had a lot of assays similar to SIC however have done a lot more drilling. What makes them stellar is intersections of over 100 metres x around 1.5% lithium with some hits, for example, of say 50 metres x 3% to 5% lithium. Such juniors have dramatic stock movement whenever they hit one of these. Tonnage adds up fast. 

In SICs case, my view as a beginner, is short intersections around 1% do not excite the market per say, however it is early in drilling and this is a massive land package. Further, SIC has a lot of rare earth metals on this property. One decent hit and we trade at $1. I view this as a free option on top of Moosehead. 

GLTA
BC
Comment by ggnewmex1 on Feb 16, 2023 12:38pm
BC I cannot disagree with you at all. I am listening to the interview that Barry put up on Rocks and Stocks. It is very good! It gives me hope for the future. There appears to be a very large land area that could be mined. That would make 1%, while lower than we like, profitable in the sheer size. Further, there is ready access to the property ( with a little bit of construction). THere was a ...more  
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