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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

View:
Post by wreckhouse on Jan 20, 2024 8:00am

RUN

With only 1 in 10,000 mineral projects becoming mines following up to 15 years of preparatory work, including exploration, consultation, data analysis and financing, microcap mining stock investors need all the help they can get to make an informed allocation decision.

Green flags to look out for aren’t rocket science, but bear repeating, because due diligence is the only thing separating a well-intentioned but unknowing retail investor from a flyer gone wrong:

RUN    BCRNW

Comment by geezer21 on Jan 21, 2024 3:29am
That figure is very misleading. It includes thousands of projects that are totally speculative holdings.  Geologist stake ground and hold them as on speculation that one day something may come of them.  Minimal work is ever done on them and you will never hear anything about them.  It is much like buying land on the out skirts of a city on the hopes that one day the city will ...more  
Comment by geezer21 on Jan 21, 2024 3:41am
It is not just geologists that stake claims.  Anyone can.  I live in one of the largest mining camps in the world and all the land around is staked by every Tom, Duck, and Harriet.
Comment by Stockpicks96 on Jan 22, 2024 11:49am
Is said mining camp dirty ole Sudbury? My hometown 
Comment by wreckhouse on Jan 29, 2024 12:45pm
Tim Froude, President and CEO of Sokoman Minerals explained that: "The Company intends to undertake a proposed 2,500 m winter drilling program on the flagship Moosehead Gold project, which will commence in about three weeks and will focus on the recently discovered 552 Zone where improved grades and some visible gold has been seen in recent drilling My post on  jan20/24 said  RUN ! ...more  
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