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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 Bogapeton May 03, 2011 1:22pm
210 Views
Post# 18523468

RE: RE: RE: Eric Sprott defends selling his silver

RE: RE: RE: Eric Sprott defends selling his silverMudCreeker makes sense...

Lets hope Sprott is taking some off the table. PSLV's premium to silver is insane. Nuts.
Expect a correction....its underway. Not a conspiracy just " traders " running a trend till it stops.

Owners of SLX,like myself have a problem since we lagged the metal on the way up. Where will we go if SILVER drops to $34/$36? Probably a TON of sell stops under $.68. Still too many Silver Bulls around... Echo chambers abound.

And Christian is in my camp on Silver...200 dma is $27 or so? HELLO?

https://www.kitco.com/kitconewsvideo/


This is what chartists are looking at. Raising margins makes sense. Has been telegraphed for weeks. Parabolic seldom ends well.

https://www.kitco.com/charts/techcharts_silver.html
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