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 > SHARES OUTSTANDING

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Comment by husk16on Jul 28, 2011 12:03am

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Post# 18881467

RE: SHARES OUTSTANDING

Disappointed with the way things went today. Pre-Market looked so promising.

Normally I don't touch anything over 200 million o/s shares. Really only 100 mill or less.

BUT, SLX is a good buy IMO because they have a massive resource, and are now a producer.

SLX is being valued poorly even for an exploration company.

As long as management can execute on increasing production another 50% by the end of this year and no other hicups, the share price should gradually go up.

Not sure why SLX has been in the penalty box in 2011? Only thing I can think of is the cheap paper from the financing to get the mine back up and running.

Hopefully Dines' followers will keep buying and get the SP moving.

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