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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
Comment by str8tgoodson Jan 27, 2011 1:31pm
153 Views
Post# 18035564

Giving Away SMY to Arm's Length Parties

Giving Away SMY to Arm's Length PartiesCall me name goldie, but the fact remains that SMY is being given away.

You say no 43-101 resource estimates? Just goes to show just how full of cr@p you are.

QRM doesn't have a 43-101 resource estimate on SMY's 35% WI for Strange Lake yet check out their market cap on their 65% WI they optioned from SMY.

You must be a professional con man goldie, because the market is telling us they don't like the deal.

Warrants are not in the money now, and I doubt Anonymous is doing the company a favour by exercising their warrants for nothing.

BTW, the meeting has been delayed again I believe.
Bullboard Posts