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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 lakesurferon Dec 22, 2010 8:12am
534 Views
Post# 17880962

Pretty exciting stuff

Pretty exciting stuffI found out about this stock when I got an E-mail advertising Dave Morgan's Newsletter....he mentioned he thought his investors would do good if they bought it when it got into the low 30's (it was .38) as he thought it would go up to 90's by end of year.  Glad I grabbed some at .37 as it never went to low 30's.  I am new to buying silver/gold stocks (very limited knowledge....dangerously) ha,ha.  SLX made up for a dog I bought by same info source. SNS (now GFN) has a repoert of 5 oz. per ton, Morgan wrote you have to be kidding...I took it as he thought it was good. Bought at .22 and 9.5 cents only to dump it at 6 cents and buy more SLX at .72.  SNS GFN) did a reverse 10 to 1 swap and is hovering at .51 (5.1 the old way). Later they said they made a mistake on the 5 oz/ton and I found out the owner dumped a bunch of stock at .20 something.   More Morgan crumbs led me to DRI (bought at 1.40) went down to 1.17 on good news! Yesterday shot up to 1.50...whew. I enjoy reading info here so I thought others may enjoy this. It is all in my RRSP and TFSA and I have 140,000 plus SLX shares...Sold TD bank and WestJet to get here. RRSP and tax free savings looking good.  Luck is better than knowledge sometime.  Mery Christmas and Happy New Year.
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