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 > $1,764 1750 + 31 overnight

<< Previous

Bullboard Posts

Next >>

Comment by Einherjaron Aug 09, 2011 8:48am

288 Views

Post# 18920732

RE: RE: RE: $1,764 1750 + 31 overnight

With only a little increase in production for Q2 we should see our first positve quarter since 2006.

Q1 was 1182oz gold and 92883oz silver for 143128silver eq oz at 32,95$ silver and 1397,97$ for gold.
Q2 should be 1250oz gold and 100000oz silver for 150000silver eq at 37$ silver and 1500$ for gold.
for Q3 production numbers should realy accelerate from 60%mill capacity to over 85% with silver still at 37$ in the middle and maybe 1650$ for gold

And don´t forget the grades...Q1 with 190.9g/t AG and 2.5g/t AU. The LOM avg production grade is 266 g/t Ag + 3.50 g/t Au. So we should also see some improvements on this.