 Are you tired of watching boring old press releases? Then you've come to the right place, the right channel, the number one channel for CEO interviews and company overviews. Welcome to Rich TV Live, subscribe to our channel and make sure to hit the like button. On our videos to help with the YouTube algorithm for more information and in-depth discussions and analysis, join our trading club at richpigsdaily.com and don't forget to subscribe and hit the bell for notifications to get alerted when our next CEO interview is released so you can discover the next 10-bagger. Hi, how's everybody doing today? I'm your host Rich. Here we have a Rich TV Live with a very special guest. Tim, the CEO of Sokemon Minerals Corp. How are you doing today Tim? I'm doing just fine. How are you? Very good. Excited to speak with you again today. We've spoken before. Actually we were speaking earlier in the conference on February of 2020 before the world got really weird. There was a conference and we got a chance to speak and your stock has done quite well since then. You're up about over a thousand percent. So why don't we start by you telling us a little bit about yourself and how you got involved with Sokemon Minerals Corp. Well, we're a very tight-knit community here in Newfoundland and of course we've worked for each other in the past. The principles that founded this company, it started out life actually as a different named company. It was Golden Dory Resources. I wasn't a founder but when Kevin and Steve and the rest of the directors approached me they needed a VP expiration and this is back, oh it must be over 12 or 13 years ago now. I jumped at the opportunity. I just happened to be in between positions myself and the opportunity to work with people that I've worked closely with and idolized even Kevin's dad, Alan, he's found mines. I mean this family has found mines. So the chance to hook your wagon up to these guys was a chance of a lifetime. I started out as VP expiration and over time I moved into the position of CEO where I am now and I think I'm the luckiest guy in the world. I'm actually sitting in the apartment in the town of Grand Falls where I was born and raised and our flagship Moosehead project is 15 minutes drive down the highway. This is how this has come full circle. Geologists spend their whole lives and careers just chasing you know the dream around the planet and have the opportunity to come home full circle. It's a dream come true really and to have a project like this and the support you know from our team from our shareholders is just phenomenal. Yeah congratulations on all your success. If there was one thing that you would want investors to know about Socomon Minerals today what would that be? Well I think you know I think the best is yet to come for and I know you know following the heels of your comment on you know we're up a thousand percent or something in a year I think there's still room to grow here. I mean we're certainly well funded we've got you know our flagship project Moosehead you know continues to deliver you know superior grade asset results with every phase we've drilled so far and as well with an alliance we've just formed with a company called Benton Resources run by Stephen Stairs you know we just acquired three district scale projects again all in Newfoundland for basically staking costs that we feel could be yielding yielding the next one. So wow with our with our treasury now with $15 million estimated expenditures for the rest of 2021 at somewhere between seven and maybe eight million dollars I mean we're still you know have lots of gas in the tank to advance you know even the newer projects you know maybe a second level this year although it will be tight based on the you know amount of manpower we have and what's available but you know I think you know I think the best is yet to come for Sockerman really. That's great can you tell us what the company's main goals are for 2021 and will most of the focus still be on your flagship Moosehead project? Yes clearly we will we're in the middle now well not the middle but we've drilled about 15,000 meters of our phase six 50,000 meter program at Moosehead we're currently sitting with two drills we hope to have a barge-based program starting sometime later this summer again it's a trying time in the business right now you know machines and people are very very hard to come by so timelines are getting a little sketchy at present but you know we'll get to we'll get the meter it's drilled one way or the other supposing it takes a little longer with the drill or two less but you know we do feel that you know we'll get this done comfortably and at the same time you know make a new discovery or two not just on Moosehead but as well maybe an early stage discovery on one of our three new exciting projects that we have currently with with Benton so there's a lot to look forward to from this company in the next six to eight months. Can we dwell a little bit more on your recently announced JV which you just mentioned with Benton Resources which our community actually knows very well do you have big hopes for the three newly acquired projects in Newfoundland which you mentioned a little bit and is there any work planned on them for this year? Well yes I will answer your second question first we do plan on well basically doing the the paperwork compiling all the historical data these three projects sit in in geographic and well geologically different sort of settings they're not all chasing the same sort of target although ultimately they are all goal projects they're just chasing different styles of goal mineralization and we expect to start an airborne survey once all permits are in hand within the next four to six weeks depending on aircraft availability so you know we'll have our first year commitments certainly well in hand and hopefully results back from not just the airborne but as well as our ongoing data collection you know to to start a ground-based program you know before before the fourth quarter starts this year so you know they're large projects so I mean it's going to take an effort but we feel that with with our combined resources and again we're sharing the risk sharing the reward too but as well it's easier with the support of you know a great company like Benton you know to to move these projects forward and you know I'm really expecting us to come up with something it may not hear you know news on discovery in the next couple of months but certainly going forward I mean we stake these projects for reasons I mean they sit on major goal bearing structures in Newfoundland the opportunities were sitting there and we said why let someone else come in and and and stake up our backyard you know when we know this area so well so we're very pleased with the results we will be putting out further updates on these projects as we as we gain more knowledge about them about the hidden details that are buried in the files so you know look forward to some very interesting news releases coming out periodically on all three of these projects by the way Golden Hope is one Kepin Keck is the second and Gray River is the third project for those that were looking to change so we have addressed them in a previous press release fantastic now you have two gold projects in the central Newfoundland Gold Belt the East Alder and the Crippleback Lake that you have recently optioned to other exploration companies what does that mean for Sokoman and do you view these agreements as beneficial for the company well yes to all of those questions they were predecessor properties to us acquiring the Moosehead project so when we went all in basically back in 2018 early 2018 and acquired Moosehead you know they unfortunately had to take a little bit of a back seat even though they were you know they're they're basically in in the belt they're they're basically halfway or closer than halfway in some cases to to marathon golds you know five I think they've got five million ounces there now but maybe soon we'll hear something on that but you know certainly a mine in in the future and so they're they're perfectly positioned they're they're sitting right on the major structure but we weren't doing them justice because of our focus on Moosehead and then when you know the opportunities came to acquire you know district scale projects I mean the other two East Alders is a 30 claim project and Crippleback Lake is 121 claims so so they're they're modestly smaller and you know we really weren't focusing on them the way we should so in this market we decided to avail of strong interest in Newfoundland acquire you know stock in a couple of very hungry you know aggressive juniors and you know let our shareholders benefit from the properties being advanced on someone else's tab while also you know getting hopefully appreciation through the stock that we'll get as as payments for for optioning these properties so there's there's still very important properties to to Sockerman and our shareholders but we just weren't doing them justice so this way at least you'll get a fair shot in a very hot market. One of the biggest investors in mining companies in Canada is Eric Sprott and he's known for silver but he owns more than 25% of the stock of Socommon Minerals and is it true that this is his first major investment into Newfoundland gold exploration? Well I would say we were certainly one of the first I'd like to think we were the first I know he has positions in other companies that he may have had you know prior to 2018 but if we're not first we're certainly second I would think and you know what that's that's a real shot in the arm and you know he's been there for us pretty well every other step of the way every financing we've done maybe except one or two small ones you know he's been there and you know he really thinks Newfoundland is the place to be and and I agree with him and in fact when we do chat I keep reminding him that I think Newfoundland is right now where Timmons was in 1910 you know Don of you know our golden age here in Newfoundland is just beginning and I firmly believe that you know and I think you know over time you'll see other discoveries I mean not just the work that we're doing in Newfound but you know other companies in this belt because I know this area I mean you know I grew up here I know the history of this area you know land was always tied up you didn't always have the opportunity to get you know some of the properties that maybe you wanted to get because they weren't available but you know what I have stood on a lot of them and several of them I know will produce results and I think we're starting to see signs of that from some of the other players here and and it's all good because you know the more discoveries that are made I mean it's nothing worse than a one hit wonder you know or one camp wonder sort of thing you know we need more discoveries and you know I think more will come and I think we'll be part of the team part of the parade as well with with with other discoveries you know coming down the road that's great now if so come on minerals were to compare itself to other industry players in the region where would you say you guys compare and what would set you apart well I think I'll start with what sets us apart you know certainly in terms of market cap you know there's a big gap between us and the elephant in the room which of course everybody knows is nfg and you know they've done a lot of good work they've certainly pulled some really good holes and you know they they deserve you know all the accolades that they've received and you know our market cap has been the source of a little bit of criticism or I don't know about criticism but you know has been a bit of a sore point for us because you know we do feel that based on results and this is where I think we do compare with newfound you know pound for pound you know yes they've got a couple of stellar intercepts and in fact someone sent me a chart today of of intercepts best intercepts in newfound land I'm not sure of the time frame but you know newfound is number one and we are number two so you know if that puts a second in the race in terms of you know one of the main metrics that a lot of people use when they value goal projects is to gram meters which is basically the gold intersection in terms of its sickness times its grade and you know we've got you know we've got almost you know double digits numbers of holes you know with with gram meters greater than a hundred and you know there aren't too many companies around that that can say that so you know you know I think our market cap deserves to be higher even though we're finishing today I think was a 52 week probably an all-time high I think I still think there's lots of room to grow and we deserve it you know not that I'm saying anyone else is overvalued I'm just saying you know based on results if you stack theirs up against ours I think most people would agree that you know we should have a higher market cap and that's my goal well that's a great goal as a CEO we're going to have investors from all over the world that will see this interview today what is the best way for them to get in contact with the company well every press release I put my email address and my telephone number on I make myself very accessible because I think it's important not just to get the the spin on a story which you often get from from IR and not not criticizing IR at all but you know a lot of people want to know technical stuff so you know I love talking geology I mean you know I come home from the PDAC you know when we used to go to the PDAC remember that yeah and and of course you know the roundup in Vancouver and I couldn't speak because you know I was just you know yack yack yack all the time because I love talking about rocks right I mean I put my name and number there as well as our corporate vice president Cassie Hume right in Toronto you know she's a brilliant lady and I'm very honored to have her on my board and her team have done a phenomenal job and I think the recent you know run up in the stock is in no small part to the efforts that you know our team our our team sorry I have put forth on on shareholders behalf and I'm very proud of them well thank you so much for your time today Tim Frude the CEO of Socomon Minerals Corp if you guys like the video please smash the like button comment down below share the video everywhere and subscribe remember Rich TV Live is strictly for information and education purposes please do your due diligence do your research before you invest in anything that we talk about here in Rich TV Live thank you for your time today Tim thank you very much for having me and let's hope for another thousand percent in a year or less maybe that would be phenomenal keep up your great work and we look forward to talking to you soon it means a lot it means a lot always a pleasure and thank you guys for watching have a great day everybody