Search Minerals Inc V.SMY

Alternate Symbol(s): SHCMF

Metals & Mining Industrial Metals & Minerals

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

Search Minerals Inc

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Comment by str8tgoodson Feb 07, 2011 2:38pm

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Post# 18088370

RE:Company 4 Sale at a Discount

over the many years that i have been in the markets i learned that money follows money, i can assure you this GIANT did his due diligence and obviously liked what he saw,

Yes, he liked the company so much that he was able to buy half the company for a 25% Discount.

Can't believe the TSX Venture is allowing this to happen, but then again it is known as the "VULTURE EXCHANGE" isn't it? lol

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