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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 Feb 15, 2012 9:13am
370 Views
Post# 19536126

RE: Read this....it will save you $$

RE: Read this....it will save you $$

Well if Duane is considering being taken over, it would be a complete about-face from what he told me a year or more ago.  At that time, he was adamant that the whole ex-Hecla team were in this for the long haul - meaning to create a strong silver mining company and that they were not in this just as an exploration company.

Now times change, and maybe Duane has changed his position.  Or, perhaps its a case of everything is for sale - at a price!  I could see that happening if SLX came up with some mind-boggling resource figures or bonanza ore grades, but  they haven't done that yet.

Do  you think he means that the warrants are in the hands of insiders and/or Sprott?  If that were the case, they would in effect have the ability to control when the warrants are exercised.

Sunwood

ps I started to answer your previous post, but hit a wrong key and all my unfinished work is floating around in he ether somewhere!

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