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.

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Searchlight Innovations Inc > Sell Sell Sell LOL!

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Comment by MudCreekeron Dec 07, 2010 9:44pm

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Post# 17815965

RE: Sell Sell Sell LOL!

You may be right. Obviously there was a drop in price for both silver and gold today. Whether that continues is a big question mark.

Silver in particular is a rare commodity. All reports are saying that physical silver is getting harder and harder to obtain. More and more futures contracts are being held for delivery. Dealers can't get stock.

And someone has just put it on sale. Lower prices just mean more demand, for something that is already in short supply.

I expect any "corrections" to be short (perhaps sharp, but short). Trying to time them might be tricky. I'd be far more nervous being out than being in, at this point.

Good luck getting back in at the bottom.

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