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Bullboard - Stock Discussion Forum 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... see more

TSXV:SMY - Post Discussion

Search Minerals Inc > Who got $15 mil?! New Out!!!
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Post by Dariusz on Dec 07, 2021 5:00am

Who got $15 mil?! New Out!!!

$15 mil in the bank for 2022! One has to look at this as a big positive. They need money to execute their plans plain and simple. With that kind of cash they should be able to go ahead with all their plans and without any delays. Sprint to Production is for real I guess. 2022 looks like a huge year for Search.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/687-tsx-venture/smy/111896-search-minerals-inc-announces-15-000-000-non-brokered-private-placement-of-units-and-previously-announced-flow-through-shares.html?utm_source=search-minerals-email-notification&utm_medium=email&utm_campaign=search-minerals
Comment by chico237 on Dec 07, 2021 6:11am
Indeed! All "CASHED -UP!"  for Pilot plant, PEA into a F.S....  (IMHO- I still think they will need to partner up in the future (USARE/CANADA) as they race to production & the need to address their CAPEX once the F.S. is completed.   Hard contracts, Pilot Plant proven at scale are needed as they move to F.S. all ? T.B.D.)   The outstanding shares however ...more  
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