Searchlight Innovations Inc T.SLX

Primary Symbol: V.SLX.P

Searchlight Innovations Inc. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to potential acquisition or participation by completing a qualifying transaction. The Company has not commenced commercial operations. The Company neither engaged in any operations nor generated any revenues.

TSXV:SLX.P - Post by User

Searchlight Innovations Inc > Q2 Numbers

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Comment by RoyalBlueon Aug 16, 2011 9:35am

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Post# 18946553

RE: RE: RE: RE: RE: Q2 Numbers

Cash costs are quite bad but a vast improvement over this time last year, when they were bleeding money. If average cost of silver was $39, by my calculations cash costs were $23/ounce. But the it's trending the right way and hope to see that latter number go down and the former go up. I'd also like to see more money go into exploration and less into their head office...
Exploration Costs: $364,670
Administration Costs: $1.5 million

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