Searchlight Innovations Inc T.SLX

RE: Melt Down

[bruchaw]

Sunwood, Northmat, and Lakesurfer have all nailed it. The pseudo price discovery mechanism we call the COMEX has been abused to the point that it is tearing itself apart. Margin hikes killed liquidity from small specs, mfglobal killed liquidity from managed money. Now all that is left is con artists trying to manipulate each other in a zero sum game that will either send the price of paper silver to $1000 per ounce (once the US buck devalues and JP Morgan is clear of their short position... which is coming soon) or to ZERO (which is what it should be because the price of silver is really unknown and the COMEX should not be dictating to the physical the true price). Miners will bypass the COMEX and go straight to Eric Sprott who is sourcing silver for PSLV and the Chinese who will take all they can get. We have all heard of the 99% vs the 1%; well just to let you know.... you and I are the 1%, if you are still here you are the strongest hands in the world, you have realized that if you visited Temascaltepec and walked the property at La Guitarra you are an owner just like if you just like if you bought shares in the Toronto Maple Leafs and walked through the owners entrance where the limos park at the ACC (SLX will likely hoist a Stanley Cup before the leafs...lol). Silver sold directly to purchasers will show up in the bottom line and then nothing will stop the price of SLX from appreciating by multiples. What will be the new price discovery mechanism? Something as simple as "www. comparesilverprices.com" and as product disappears the prices (premiums) will explode. Anyways, thanks for reading this post. I just wanted to give a shout out to the rest of us 1% who needed a bit of a gut check. Just sit here with me and watch the uninformed buffalo get run over the cliff (I know its sad but this is the natural selection of investing). I'll leave you with a 2 minute Kyle Bass interview.

Cheers to all you SLX 1%ers

https://www.youtube.com/watch?v=CjAeriVttw0