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

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Post by Chipshot2on Jan 04, 2011 11:12am

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Post# 17921998

Exaggerated Sell Off

I think what we are seeing is some profit taking with the added pressure of the sell off in Gold and Silver.

Investors have made good money here in fiscal 2010 but while they wanted to take profit didn't want to claim the capital gains in 2010. So you wait a few days and the first day of 2011 you sell and now you don't have to deal with the gains until 14 months from now.

This will pass quickly and I agree that we are seeing a great buying opportunity this week.

J.M.O.
Chipshot2

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