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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 > Mining gold is a poor business
View:
Post by stockshack on Dec 18, 2024 4:49pm

Mining gold is a poor business

It cost almost as mush to mine an ounce of gold (1,600.00 to 1,900.00 am ounce) than what it's worth.
Comment by Surething1 on Dec 19, 2024 8:36am
Deep moderate grade perhaps, but shallow open pit high grade is free money. One thing for certain tho, drilling for it and not mining the stuff is very expensive......as witnessed by our current predicament. At the rate we're going, shares are being added at a much faster rate than value. I like the idea of the bulk sample, lets hope we can see it executed early in the new year of 2025 ...more  
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