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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 Aug 16, 2004 1:05pm
441 Views
Post# 7815548

RE: NEWS, Q3 Revenues up 900%

RE: NEWS, Q3 Revenues up 900%Musing, my take is that Cliff is bursting at the seams but can't give specific details due to ongoing privacy issues. Notwithstanding, he has given as much information as he can to provide future positive earnings direction. The "recent accomplishments and developments" may point to other suppliers linked to Metro in Europe. It seems that current progress is tied to the business strategy meaning VARs whereas other spinoffs may be in line from either Europe or China or both. I'm not sure if licensing has entered the picture yet since Intermec is the only company to draw a line in the sand at this time. Speculation for the present, until further info is released. Nevertheless, very positive news.
Bullboard Posts