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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.


TSXV:SLX.P - Post by User

Comment by sunwoodon Sep 24, 2011 12:45am
315 Views
Post# 19079720

RE: WTF ????

RE: WTF ????    Hi Tracker!

    A lot of us are in the same boat.  I know I was!  I had pretty well everything riding on this stockl and then, like you, watched it drop, and drop and drop and drop ...

    Somewhere along I started unloading, buying back a bit and then selling again, because Management had made it very clear "they were not about to say anything unless they had something to say".

    I'm not sure where this closed mouth policy stems from, although I suspect it's a carry-over from Hecla Mining.  The top guys, and I guess I mean Mr Brown in particular, seem to be living by this standard to beyond reason.  It may sound very noble, but I see it more as a self-rightousness akin to religious fervour.  Through thick and thin, they maintain their own brand of a "code of silence".

    I feel sorry for Douane and his operating personnel!  I think they work hard, but are "subservient to the proverbial corporate seagulls, who fly-in in the morning, cr..p all over you and then fly home at night".

    They are encountering stumbling blocks; of that I have no doubt..  But, we're big girls and boys.  They don't need to clam up on outgoing information as we move along.  Perhaps Mr Brown could even tell us if he has ever visited La Guitarra, and if he did, how often???

    The carnage that is left  in their silent  wake could be readily mitigated by a NR once in a while, over and beyond the formal reports with SEDAR, that would show the world and its retail shareholders that OUR company is not governed by the crew of a phantom ship that ploughs on like the Carpathian, oblivious to the cries for help from those in the water and those under water. .

 Sunwood   
    
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