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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
Comment by musingon Aug 05, 2003 5:48pm
176 Views
Post# 6299155

RE: Latimer

RE: LatimerButternuts, in my view there is no, that is zero chance that the financing will not get done. The real question is at what level (a point that may ultimately prove rather insignificant) and who will participate. It would be a major positive signal if BTG participated again. It is pretty conventional to give discounts to market at financings, so I'm not excited about a discount. As well, I wonder, when, not if the financing is done, whether Cliff will give us any insight into the rationale and intended use of the money. Anyway, I continue to believe that SMY is trading as if it has something positive in the pipeline. And based on that most recent article about SMY posted on this thread, I can see why.
Bullboard Posts