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Search Minerals Inc V.SMY

Alternate Symbol(s):  SHCMF

Search Minerals Inc. is a Canada-based mineral exploration company that is focused on acquiring, exploring, and evaluating mineral resource properties. The Company's projects include Deep Fox Resource, Foxtrot Resource, Fox Meadow Prospect, Silver Fox Prospect and Red Wine REE District. The Deep Fox Resource is located approximately two-kilometer (km) northeast of the port of St. Lewis on the southeast Labrador coast, within 12 km of the Foxtrot resource. The Fox Meadow Prospect is located approximately 11 km west of Port Hope Simpson and one km northwest of a gravel forest access road which extends southwestward from the Trans-Labrador Highway. The Silver Fox discovery is located 14 km west of St. Lewis, two km west of Foxtrot and about one km south of an all season graveled road. The Red Wine property is located approximately 80 km north-east of Churchill Falls, Labrador and is 100% owned by the Company.


TSXV:SMY - Post by User

Comment by Dariuszon Oct 03, 2021 7:34am
141 Views
Post# 33958410

RE:Like the stock and the Space

RE:Like the stock and the Space
With Search being so active and with their plans being so agressivley aimed at getting to the production stage there is 1% chance for a reverse split. It makes zero sense. A reverse split would turn off existing investors as well as any potential ones as is the case in most similar cases. Search has a moderate amount of shares out and definatelly not a 'crazy' amount. Even accounting for future dillution related to funding the advancement towards production once they get there the company would be on avaerage and on par with other junirs who have gone all the way to production. Life time of the mine is generational and potential revenues in the billions. Good luck watching from the sidelines!!
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