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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 Canuck11on Jul 11, 2004 12:35am
185 Views
Post# 7696228

RE: Über Geeks and Nose Rings

RE: Über Geeks and Nose RingsOpcom, I think we are all in agreement that contracts will eventually roll in. But as far as price appreciation is concerned, I believe we will have to wait until the purchase orders are filled. Had this NR occurred during the period leading up to the tech wreck, the share price would have shot up on future earnings potential. The current response of the market to the recent NR sends a message that most are still from Missouri. Most of us have waited four years now, the next year should be a breeze. Pilots should be concluded by summers end and decisions will follow shortly thereafter. This weeks excitement bodes well for future decision-making among the giants; news of this magnitude doesn't go unnoticed. That said, I believe our best efforts will be realized in Europe in the short-term. I'm not as certain what kind of endorsement we will receive in NA, but our initiatives with the DOD are certainly encouraging. The politics of big business in corporate America cannot be discounted and may limit the size of the pie over here. I can only hope that I'm wrong on this one.
Bullboard Posts