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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 mousermanon Sep 30, 2011 11:57pm
322 Views
Post# 19106856

RE: RE: RE: RE: AS far as Bonanza?

RE: RE: RE: RE: AS far as Bonanza?Hey sunwood, i  know these were infill results, and as such  those give direction and some guidance to what kind of ore they will be mining in the near term.  To call them bonanza was a bit of exageration by whomever was writing up the PR. But maybe that is a good thing, SLX hasnt been the most promotional company out there. To be honest i am unsure who is the driving principal behind SLX, one would HOPE the ceo would be. I havent talked to management in person since J Anderson returned my calls back in the Genco days.  
One other reason for the  the drill program was to move more ore into reserves from lower confidence categories. Those first results not real exciting as far as stacking up ore.
Some also had questioned the validity or accuracy of the previous 43-101 resource report done when Gardner etal were in control. This set of results did not answer too many  questions, if ya get my drift.
SLX has a ton of potential, but seems to be taking a long time to assure investors they will be taking advantage of that potential in the near term.  Lots of results to come over the next few months, i hope for some really good results for the suffering longs here.
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