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

Searchlight Innovations Inc > FIRST QUARTER FINANCIAL RESULTS

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Comment by sunwoodon Jun 16, 2011 9:09am

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Post# 18722717

RE: RE: RE: FIRST QUARTER FINANCIAL RESULTS

"Gross profit is only your revenue minus your cash costs. There are more expenses to mining than just cash costs (i.e., the cost of actually extracting gold). You also have to pay your employees, incur administration costs, pay taxes, drill for further resources etc....."

Gross Profit is NOT your revenue less your CASH costs!

Sunwood B.Comm CMA

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