Searchlight Innovations Inc T.SLX

RE: SLX vs AXR Metrics

[gildage]

Hi Sunwood;
These metrics are great, but certainly don't replace doing your homework...imho.

I hold both SLX and AXR, even though, on the surface, it appears that SLX has so much more resource for the share-dollar. Appearances can be deceiving.

Every drill AXR puts down comes up dripping with silver. It has some of the highest grades I've seen, and none of the recent "hits" is recorded in the 43-101 resource. AXR potential is gi-normous, also, very safely in CANADA. The large institutional money in AXR knows the value and they are busy building mines - not resource estimates.

We also have to consider the size of milling operations, and the potential for new production coming online. There are so many parameters to consider, the most important of which I consider to be the probability of the mine being self funding from here on out....ie cash flow positive.

I like to compare (in my own pea-brain) SLX with ECU, another very undervalued small Mexican producer with HUGE potential, reasonably solid management, and similar constraints. Although ECU has a larger silver potential imo, it also has more shares outstanding, and some long-term debt. It will be interesting to compare ECU and SLX side by side, as both grow in the future, to see how both these stories are written by management.

Lotus petals,
gildage