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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

Comment by sunwoodon Mar 31, 2011 3:13pm
256 Views
Post# 18368898

RE: Progress

RE: Progress    That puts in all in perspective, doesn't it!

I figure that Duane's estimate must be something like this (maybe!):

    333 days x 300 tons per day = 100,000 tons (approx)  X  (10oz/ton = 283.5g/ton)  = Total Annual 1,000,000 ozs

    My guesses allow for 10% loss in production days and 7% loss in production tonnage. (I have a crystal ball, you know, plus some of these numbers come to me while I sleep.)

    In the GoldMInerPulse stats, which is based solely on NR (whatever that number is), Silvermex is presently shown as an overall 162g/ton and Great Panther is shown as 97.6g/ton.

    Thus, my first impression is that we may be looking at a substantial increase in the published yield.  Perhaps, Mineshack, you would be good enough to cast your expert eye over this and give us your thoughts.
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