I'll take the SALTThe news release of Aug 20th states MFSA has a second alluvial plant which is ready for production in the next 3 months. This will bring current tin production capacity of the MFSA mine to 960 metric tonnes/yr. (MFSA is essentially a placer deposit which are extremely difficult to develop an reliable resource estimate and the mining operation may have significant security issues with respect to the raw tin produced.) Furthermore, tin currently has a spot price of over US$10.00/lb this is equivalent to US$20.2 million annually. Why would MSFA being bothering with a 3 cent stock on the TSX Venture Exchange? In fact, why would they be bothering to sell at all? And, how is Search, who has absolutely no money, going to fund such a purchase? Regardless, I smell a large roll back in the near future which will dilute you and I to basically nothing.
The information provided in the news release on CMR does not give any meaningful information at all. It is no wonder that IROC has the caution its caution flagged raised.