Searchlight Innovations Inc T.SLX

RE: Silvermex Resources Starts Drilling at La Guit

[sunwood]

    Looking at the latest drilling news, I am getting the idea that Management is beginning to spread the word.  That, with the April Report on their website gives one hope.

    I noticed that the drilling statement was signed by Robert Fraser M.Sc. P.Geo, which of course is appropriate.  But it was the first time we have seen any announcement of any kind from the Executive other than from Duane.  I found that very encouraging.

    I commend SilverInMyPants for not letting up on his demands that the Company improve its "advertising".  ( I took a course in Marketing once, and one thing I Iearned about "Advertising" was that it had two functions: education as well as promotion.)

    I have a question, SilverInMyPants ...  The Arian Report includes the following closing statement:
       

"XCAP Securities plc acts as broker to this company. XCAP Securities plc may have

acted as manager in the underwriting or placement of securities and/or may have

received compensation for investment banking for this company within the last 12

months.

XCAP Securities PLC is a Market Maker to this company.

As a new company XCAP Securities plc will produce a table of its Research

Recommendations for the relevant quarter when it has established a material

record."

    I take it from that it is not a purely independent report.  They seem to be acting in much the same way as Sprott, i.e. they are an investment banker.

    Does that mean Silvermex should be asking (demanding?) that Sprott commission such an article?