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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

Comment by crusaderdogon Feb 23, 2011 5:14pm
242 Views
Post# 18183116

RE: RE: RE: Possible?

RE: RE: RE: Possible?We are hanging in there.  Cresting over $1 is a big deal.  I'm glad it took a while, it let me get in cheap!  if the company can update the resource estimates and find some PM in the ground that will go a long way.  I think it's down there, they need to find it.  It's very doable IMO.  Look at Great Panther today.  Up over 8%, and they have about the same amount of silver in the ground IMO.  But they also mine a few million ounces annually.  First step, find more silver in the ground.  Next step, start mining it.  Worked for Endeavour Silver, worked for Great Panther.  Just the prospect of doing it worked for UXG.  I think it will work for Silvermex.  They got the management team in place, they got a great land position, they got a good-looking balance sheet, the price of silver is doing its part, now the company needs to get to work and execute the game-plan.  It's not going to happen by itself, SLX management needs to make it happen.  Let's wait and see if they can pull it off.  GLTA
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