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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 > One more thought
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Post by DarkGreen on May 26, 2018 8:33pm

One more thought

I look at that batch of assays and all there is gold assays and no other metals or minerals .We all know that the Flin Flon area hosts an array of minerals and metals and even a high percentage of the elements from the preriodic table . This is the opposite of a pump ,its an inverted pumped .
Comment by SpecCdn on May 26, 2018 9:14pm
... How was this not brought up before?? Hahaha you make an excellent point. Every sample is supposed to be tested for 29 other elements, why is it just the Au? .... im personally interested at a minimum to see the Zn, Ag , Ni and Cu
Comment by AlmightyVoice on May 26, 2018 11:16pm
Why do you think they are not testing for other elements?   https://www.tsllabs.com/docs/FeeSchedule.pdf Just because they don't report on them does not mean they were not tested for.   
Comment by SpecCdn on May 26, 2018 11:39pm
That appears to be the million dollar question good sir
Comment by DarkGreen on May 27, 2018 8:28am
The fact they staked more ground makes it legal for them to hold on to the assays . I think they call it tight hole status ,the oil companies did this back in the old days in the oil boom when they were wild catting in order to get more land in their new found areas .
Comment by AlmightyVoice on May 27, 2018 10:57am
I know what you’re saying but it doesn’t apply here in this instance.    If they’re holding back assays due to some lab verification process, maybe ok, to delay getting more land, not ok.   Anyway, they’ve already got more land.    There have been a number of legal actions against a number of junior companies for not making timely disclosure of relevant news.    ...more  
Comment by DarkGreen on May 27, 2018 11:27am
So what is your opinion on whats going on with CNC ? Maybe I am grabbing for straws but are they staking more land for a new found element ? This stock play is so perplexing , the rumours ,the ups and downs .I quess we will know in a week or two which theory holds water. If Almighty is correct about holding back assays because they are not good this is a long term hold .Hopefully its because they ...more  
Comment by SpecCdn on May 27, 2018 12:05pm
maybe it's a little bit of everyone is right? They drilled, got surprising results for specific element or mineral. Knowing that they must release assays, they released exactly what the majority of shareholders was waiting for, the Au when it was available. In this time, they began staking more off of preliminary findings, and began the re-assay process. They'll release holes 3 and 4 when ...more  
Comment by AlmightyVoice on May 27, 2018 2:32pm
We can speculate all day but you can’t keep a good hole quiet.  Especially on a tightly held stock like this one is now.   Unless there is some whooping big surprise still to come from the lab or being held-back it is over, at least for now.   
Comment by SpecCdn on May 27, 2018 3:44pm
We shall see what the coming weeks will bring
Comment by AlmightyVoice on May 27, 2018 6:05pm
Ok, but based on my past experience I'm saying we won't see 10 cents again based on CNC's Flin Flon program.    Maybe the other Flin Flon play going on right now will rub off, if they're really lucky.  
Comment by DarkGreen on May 27, 2018 6:55pm
Hotel has a computer so one more post before I fly out .I was thinking that years ago I heard some prospectors talking about phosphate by Amisk lake . That could be a far fetched theory . I still can't figure out why Gem oil would take such a large position in CNC on 4gms of au over ten feet .I don't think Speliccy throws money around on stock .His big thing is staking and getting shares ...more  
Comment by AlmightyVoice on May 27, 2018 7:51pm
I’m guessing just fishing like you except using more bait.  
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