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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 May 13, 2005 6:13pm
233 Views
Post# 9033364

RE: Comment on the U.S. Gov't news

RE: Comment on the U.S. Gov't newsSuckers for spin ? Where is the spin ? SamSys has a blanket P.O. for 700 readers via there VAR's. Fact is margins where above %50 last Q so how do you figure SamSys is going to give the VAR 50%. Any business experience ? If the VAR's are getting 20 points on the wholesale price they will be doing well. "How many readers where approved" total? Go read the releases and let us know. On top of our 700 readers of course Alien and Intermec are going to ship as well. So what, that should be expected ? As stated in black and white SamSys has a blanket P.O. for 700 readers NOW. This will be increasing in the future, how much depends on how well they work and the ability to supply the product. There is NO spin, SamSys will sell up to 700 readers during this round of announcements. Why was #700 picked? Well the DOD does this thing called planning where they asses their needs and then go purchase the product to meet those needs. It's not a number pulled out of thin air. Will the PPS go up/down? It will do both as does any stock. There is a much better chance now the longer chart will trend up. John
Bullboard Posts