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Search Minerals Inc V.SMY

Alternate Symbol(s):  SHCMF

Search Minerals Inc. is a Canada-based integrated mineral exploration and development company. The Company is focused on developing critical rare earths elements (CREE), zirconium (Zr) and hafnium (Hf) resources within the Port Hope Simpson-St. Lewis CREE District of Southeast Labrador. The Company's projects include Deep Fox Resource, Foxtrot Resource, Fox Meadow Prospect, Silver Fox Prospect and other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 kilometers (km) long belt forming a REE District in Labrador. The Deep Fox Resource is located approximately two km northeast of the port of St. Lewis on the southeast Labrador coast, within 12 km of the Foxtrot resource. The Fox Meadow Prospect is located approximately 11 km west of Port Hope Simpson and one km northwest of a gravel forest access road which extends southwestward from the Trans-Labrador Highway. The Red Wine property is located approximately 80 km north-east of Churchill Falls, Labrador.


TSXV:SMY - Post by User

Bullboard Posts
Comment by Jmarks7on Nov 23, 2004 2:33pm
173 Views
Post# 8215870

RE: A Call was put out

RE: A Call was put outGood Luck SRB, I've been waiting for two weeks for a reply to a letter sent, notta. The company line is that no news will be forthcoming anytime soon. I suspect, not until the finacials are out in mid Dec. Like I said earlier SAMsys should still be on the venture exchange. At least then a $2 drop in stock price since last spring wouldn't be as much as a surprise for me. Great entry point for new comers, but not us that bought since last Feb. Got a good laugh (before I puked)looking at the analytical section of stockhouse yesterday, SAMsys rating was a 3. Never seen one that low before. It was up to the twenties after trading. So now it's SAMsys the little company that MUST produce instead of SAMsys the little company with potential. So as much as I hate it, I beleive we are going to have to live with this hiccup until the new year before we see postive results. What else is there to do? Cliff is doing the best he can on the dealing side, and it is obvious he isn't going to give out information until there is news ? At this point my only concern is what the market as a whole is going to do while I'm stuck with this paper. I would like to hear from people on the board that know Cliff and how he is personally viewing this lull and share price dropping. John
Bullboard Posts