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Searchlight Minerals Corp. is an exploration stage company, which is engaged in a slag reprocessing project and the acquisition and exploration of mineral properties. The Company is focused on the Clarkdale Slag Project, located in Clarkdale, Arizona, which is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined... see more

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Searchlight Minerals Corp > 26% Haircut today..

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Post by mrcashflow on May 14, 2018 6:50pm

26% Haircut today..

Well I didn't think the results were that bad, but I felt it was worthy to add some additional shares late in the day today.I think everyone was waiting on the results from the Newcor holes, Honestly with the shares accumulated by Sean Spelicy the past few weeks,I find it hard to beleive this guy is a knucklehead and throws his money away, he seems to have a pretty good handle on the area. My thinking is the results from Newcor will be much better, With tthe mining conference set to kick off, it appears this was an orchastrated maneuver. I expect the next 2 holes to be much better, and give a lift to the price..Additional results should be released Tuesday, if all is well, Heres hoping..

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Comment by SpecCdn on May 14, 2018 8:26pm

A lot of us have been caught up in these Au numbers... but can we stop and take a look at the grab samples for Zn coming out of Newcor?? I hardly noticed it before... but hot damn ... Zn might be our sleeper here...

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