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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 ripantuckon Dec 06, 2011 4:27pm
422 Views
Post# 19296932

RE: RE: from NIA

RE: RE: from NIA I have been following some other junior silvers, particularly KTN and their SP has been relatively healthy, even though they do not yet produce or have revenue and their proven resources are much smaller.Personally, I think this may be caused by two reasons, 1) KTN being priced as an explorer and people are paying more attention to the apparent growth of their resources, and 2) they just do a much better job of communicating with their shareholders. Shareholders know what they are doing and why.To me the problem with SLX is that Shareholders can't tell what they are thinking or doing. They have a very small producing mine which probably gives them enough cash flow to cover their exploration expense. Beyond that its hard to tell what they are planning to do with the bulk of their resources or when.Perhaps they are doing what Sprott is recommending. Keep your silver until the price goes up. I don't know.Rip
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