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Searchlight Innovations Inc T.SLX


Primary Symbol: V.SLX.P

Searchlight Innovations Inc. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to potential acquisition or participation by completing a qualifying transaction. The Company has not commenced commercial operations. The Company neither engaged in any operations nor generated any revenues. The Company is focused on acquiring business across the mining industry.


TSXV:SLX.P - Post by User

Post by MudCreekeron Nov 26, 2010 7:17pm
560 Views
Post# 17764917

Sixty-Two Cents????

Sixty-Two Cents????The first taste of the new management isn't very impressive.

Another junior I own (gold, not silver) announced a pp this week - 12% above current market with no warrants.   I'm certainly not thrilled by a pp that is more than 10% below current market.  At least it's only half a warrant, with an exercise price well above market. 

Not impressed at all.

WRT recent speculation that some smartie was trying to establish a position in the high 60's - he wasn't such a smartie after all.  The pp would have got him much better terms.
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