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Bullboard - Stock Discussion Forum Searchlight Minerals Corp SRCH

Searchlight Minerals Corp. is an exploration stage company, which is engaged in a slag reprocessing project and the acquisition and exploration of mineral properties. The Company is focused on the Clarkdale Slag Project, located in Clarkdale, Arizona, which is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined... see more

PINL:SRCH - Post Discussion

Searchlight Minerals Corp > Question though
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Post by SpecCdn on Apr 19, 2018 1:45pm

Question though

Just curious though if anyone knows what the way ahead is going to look like for the company following hot assay results for bootlake?
Comment by AlmightyVoice on Apr 19, 2018 2:23pm
HBM is already talking about a JV.       The last joint venture HBM did was in the Snow Lake area and the junior company wound up paying them millions of dollars from their share of production for the pleasure of doing business with them.   Please dear Lord don't let CNC be as easily led as VMS. 
Comment by SpecCdn on Apr 19, 2018 2:39pm
Thanks for the info, CNC should have an ace in the hole in JV negotiations I would imagine.... I think HBay will do whatever it takes to land it, so as long as CNC maintains a grip on the ol' coin purse (literal and euphemism)... we should be "gold" ;)
Comment by AlmightyVoice on Apr 19, 2018 2:47pm
HBM is a wrecking ball, there are no aces on the hole.   Hopefully Wallace has some good advisors.  
Comment by SpecCdn on Apr 19, 2018 2:51pm
You sir are certainly not wrong lol
Comment by DarkGreen on Apr 19, 2018 5:47pm
I think Wallace would negotiate a nice big fat pay out and then roll out the cobalt property .Maybe something like Shear Diamonds did with the Coffee property.
Comment by AlmightyVoice on Apr 20, 2018 1:47pm
If you hear HBM is involved SELL...   
Comment by DarkGreen on Apr 20, 2018 2:04pm
Easy big fella ,the run hasn't even started . Mr. Wallace is going to top off our bank accounts and make the right deal .
Comment by AlmightyVoice on Apr 20, 2018 3:17pm
Is that what Mr. Wallace did prior to leaving Castle Resources Inc.   https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00025184
Comment by DarkGreen on Apr 20, 2018 3:39pm
OK Castle rock went private ,I briefly went to some of their reports and couldn't see Wallaces name. Mind you I wouldn't have a problem selling them my shares at $1.00 ++ so they could take CNC private.