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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 Einherjaron Aug 09, 2011 8:48am
286 Views
Post# 18920732

RE: RE: RE: $1,764 1750 + 31 overnight

RE: RE: RE: $1,764 1750 + 31 overnightWith only a little increase in production for Q2 we should see our first positve quarter since 2006.

Q1 was 1182oz gold and 92883oz silver for 143128silver eq oz at 32,95$ silver and 1397,97$ for gold.
Q2 should be 1250oz gold and 100000oz silver for 150000silver eq at 37$ silver and 1500$ for gold.
for Q3 production numbers should realy accelerate from 60%mill capacity to over 85% with silver still at 37$ in the middle and maybe 1650$ for gold

And don´t forget the grades...Q1 with 190.9g/t AG and 2.5g/t AU. The LOM avg production grade is 266 g/t Ag + 3.50 g/t Au. So we should also see some improvements on this.
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