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Search Minerals Inc V.SMY

Alternate Symbol(s):  SHCMF

Search Minerals Inc. is an integrated mineral exploration and development company, which is focused on the acquisition, exploration, and development of rare earths elements (REE) mineral properties in Labrador. It focuses on developing critical rare earths elements (CREE), Zirconium and Hafnium resources within the Port Hope Simpson-St. Lewis CREE District of South East Labrador. It controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 km long belt forming a REE District in Labrador. It also controls additional CREE assets in the Red Wine District of central Labrador. These include the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-Be prospect and Merlot CREE Prospect. The Two Tom Property includes mineral licenses 027358M and 016522M in Labrador, Canada. The Red Wine property is located 80 km north-east of Churchill Falls, Labrador.


TSXV:SMY - Post by User

Bullboard Posts
Post by eaglemanon Apr 07, 2006 11:40pm
247 Views
Post# 10647095

SI has 6.5M working cap.. and request.

SI has 6.5M working cap.. and request.https://www.stockhouse.ca/news/news.asp?newsid=3504838&tick=SI As of December 31, 2005, cash and cash equivalents totaled $6.1 million compared to the cash position of approximately $7.0 million at September 30, 2005 and $10.0 million at December 31, 2004. The Company's working capital position was $6.5 million at December 31, 2005 compared to $11.5 million at December 31, 2004. =========== Would someone post the Mr. Albright and the Wellington Financial / Sirit BOD inofrmation and if any the links again. I can't find them and I believe someone posted them here or on the $samys board. Or did I dream these wonderful connections! I strongly agree with Medusa that there is the appearance of gross negligence on belalf of the BOD's and SMY's management. Just up and diapeared like a fart in the wind. eagleman ( I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. Thomas Jefferson (1743 - 1826), Letter to the Secretary of the Treasury Albert Gallatin (1802) )
Bullboard Posts