Bullboard - Stock Discussion Forum Sokoman Minerals Corp V.SIC

Alternate Symbol(s): SICNF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:SIC - Post Discussion

Sokoman Minerals Corp > Sokoman Is Now A Flop

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Post by NLMoose on Sep 17, 2024 10:07am

Sokoman Is Now A Flop

While Gold Futures continues to trade a record high levels, Sokoman Minerals are hovering at record low levels.

To put it in perspective, three years ago, Sokoman Minerals shares were trading at 40 cents a share.

Today, they are trading at a mere 3.5 a share, a 90% decrease from three years ago.

While I can understand Signal Gold struggling as a result of making bad choices, including abandoning Point Rousse to focus on a project that may not even get government approval like Goldboro, there is no logical explanation for Sokoman's flop.

When other Gold stocks have gone up, but Sokoman restruggles, what's wrong with that company lately?

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