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Search Minerals Inc V.SMY

Alternate Symbol(s):  SHCMF

Search Minerals Inc. is an integrated mineral exploration and development company, which is focused on the acquisition, exploration, and development of rare earths elements (REE) mineral properties in Labrador. It focuses on developing critical rare earths elements (CREE), Zirconium and Hafnium resources within the Port Hope Simpson-St. Lewis CREE District of South East Labrador. It controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 km long belt forming a REE District in Labrador. It also controls additional CREE assets in the Red Wine District of central Labrador. These include the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-Be prospect and Merlot CREE Prospect. The Two Tom Property includes mineral licenses 027358M and 016522M in Labrador, Canada. The Red Wine property is located 80 km north-east of Churchill Falls, Labrador.


TSXV:SMY - Post by User

Bullboard Posts
Post by nosieparkeron Oct 21, 2013 3:00pm
174 Views
Post# 21834412

The Red Flag is waving in the wind!

The Red Flag is waving in the wind!
Natural.  I agree with you.  However, what I do not understand is that you appear to be fine with management being out of compliance - the pilot plants where running for TWO YEARS without any information being published on their success or failure.  This is no different than not releasing assays - the insiders have information that they are not sharing.  That the Company chooses to  sell the SALT is a corporate decision but the shareholders are owed the information and I think that we will see this decision resulting in the same outcome as the last - an ongoing halt to the stock.  Management must realize that they are a public company not a private.  I will do further research on the proposed new owner of SALT and see what cross over of Directors there might be.
Bullboard Posts