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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 Jun 03, 2004 1:02pm
145 Views
Post# 7568160

RE: The next phase

RE: The next phaseNice post MayDay. Just a quick comment on "The company offers versatility and expertise to adopters assessing their needs through pilots...but pragmatism may also cause many of those adopters to chose a different supplier once needs are clarified (and perhaps simplified) and ramp-up is engaged." No doubt a "different supplier" could be chosen for "pragmatic" reasons, however, the pilot provider has a foot in the door, assuming, of course the pilot is successful. Not only is risk mitigated by going with the provider of the successful pilot, not only is a learning curve avoided but the hard and softwear that went into the pilot becomes part of the commercial rollout and is not wasted. Depending on the size of the pilot, this could be significant or less so.
Bullboard Posts