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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
Post by eaglemanon Jan 10, 2005 3:54pm
158 Views
Post# 8410306

RE: need some sub$tantial news...

RE: need some sub$tantial news...I don't view SMY as a dog. As concerns SMY PPS sag.... it is directly caused by sellers who are willing to accept less $$. That's the reason, that's the only reason. When these sellers stop being willing to accept less for the shares they presently own the price will go up. With or without news, IMO. This much is not rocket science, however if you want to understand why sellers are doing this feel free to knock yourself out. I personally think the question (WHY do people do the things they do)is unanswerable and provides no useful purpose. I have never purchased a report from any of these paper pushers. Bit of volume in the stock today. Seems the seller at $1.80, is done or figured out they could sell for more. eagleman ( a genius perhaps. )
Bullboard Posts