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 > SHARES OUTSTANDING

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Comment by husk16on Jul 28, 2011 12:03am

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Post# 18881467

RE: SHARES OUTSTANDING

Disappointed with the way things went today. Pre-Market looked so promising.

Normally I don't touch anything over 200 million o/s shares. Really only 100 mill or less.

BUT, SLX is a good buy IMO because they have a massive resource, and are now a producer.

SLX is being valued poorly even for an exploration company.

As long as management can execute on increasing production another 50% by the end of this year and no other hicups, the share price should gradually go up.

Not sure why SLX has been in the penalty box in 2011? Only thing I can think of is the cheap paper from the financing to get the mine back up and running.

Hopefully Dines' followers will keep buying and get the SP moving.

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