Searchlight Innovations Inc T.SLX

A few thoughts!

[tictactoe111]

Congratulations, you have been assimilated into the First Majestic collective!  It is sickening for existing stockholders because it more than likely means, from my experience, that one or more of Silvermex current assets holds far far more potential than anyone yet realises! All will be revealed in time but Ramon Davila is rarely wrong. Perhaps the management know this but are unable to release the funds or don't have the technical manpower/experience.

I hold both SLX and FR but would say before you jump ship in disgust, but in reality continue your search for another potential multibagger, that you should consider hanging on to FR because Neumeyer is set to dominate the silver market by the looks of it and these aquisitions will continue. On that basis you may find yourself into another smaller Mexican silver producer only to find that you get gobbled up once again at a minimal premium from a muted stockprice. Blame the stupidity of the market, the naked shorts, the silver price manipulation for the lousy stockprice and lousy premium achieved today but it's the perfect conditions for a cashed up cash cow like First Majestic to start it's feeding frenzy to aquire producing Mexican assets on the cheap. As it's paper grows so will the momentum.

With that in mind your multibagger might be in front of your very eyes at the moment in FR although most will dismiss it of course because of it's existing market cap. I believe however that First Majestic's market cap will exceed C$10B within two years............if silver hits the re-adjusted for inflation numbers then you can add a lot lot more as you will probably be getting your initial 2012 investment back in special dividends on a regular basis!