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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 sunwoodon Sep 06, 2011 8:08am
301 Views
Post# 19013506

RE: Happy long weekend

RE: Happy long weekendThanks elguyu for the kind welcome home!

I have to say that I feel quite a bit better this morning about La Guitarra after taking a couple of hours and looking over the following pdf, which Silverstocks kindly posted a day or so ago: https://www.gencoresources.com/i/pdf/01-28-10GGCNI43-101.pdf

Like you, I came with the original SLX baggage as opposed to being an old Genco man, so I don't have the feel for the property and its history the way a Genco man might. For some time now I have worried about how much to rely on the La Guitarra NI43-101, without having actually looked at it.

Yesterday, I turned my inexpert eyes on it and, to be honest, it was a reassuring eye-opener. While I don't profess to understand enough of what I read to pass any test on the subject, I did come away realising that far more thought had gone into it than I realized, or would have even expected. It was obvious, to my untrained eye at least, that an awful lot of work and data had gone into its preparation, AND there was ample evidence that this was not just a one-man effort.

I understand now why Silverstocks and others haven't questioned La Guitarra's fundamentals, and why Sprott etc think its a good thing.

Therefore ... I hereby reaffirm my faith in Silvermex, and ask whoever is running this universe to give me the patience to wait while the Management team gets its collective arms around La Guitarra, and around all the other exciting projects that SLX brought with it to the wedding.

Still, as the words of the song went, "... You know it don't come easy!"

Sunwood
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