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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 Dec 26, 2003 1:19am
213 Views
Post# 6820131

RE: A little more...

RE: A little more...You have covered this off Jeepman but it is clear law that it is first to register, not first to get the idea that counts. The only exception is if someone steals someone's idea unlawfully; for example, a member of senior management who has access to a company's trade secrets misappropriates a secret and patents it or to repeat the example in your extract, aquires the trade secret through industrial espionage and patents it. Then the patent can be successfully challenged. But the exception is narrow. Merely acquiring another's prior idea is not per se unalwful, since there is no property in ideas unless and until the idea is patented.
Bullboard Posts