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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 chuckleon Dec 09, 1999 3:20am
157 Views
Post# 1134664

Shorts on SMY

Shorts on SMY To all SMYer's: I just checked the short positions on SMY as of Nov 30, 1999 and the whole lot (101,200) outstanding as of Nov 15, 1999 have now been covered. So as of Nov 30, 1999 no one is shorting this stock. Hmm interesting perhaps that person or persons realized that the patent status and the contract negotiations are just too close and too explosive for comfort. I have been accumulating in the 60 to 65 cent range - a steal in my mind. If there is anyone else who wants to give their shares away at these levels, I will be more than happy to take them off of your hands. I am looking forward to a nice little rise in the near future - well perhaps in the next millenium. hahaha In any case, this will give me a great start on my retirement portfolio. Of course I won't retire for another 30 years, but then again who knows? Perhaps Cliff and the boys will assist me in moving that time line ahead by about 29 years. Ohhhh yeahhhh. Happy Investing. Keep the faith! It will come. :-)
Bullboard Posts