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Bullboard - Stock Discussion Forum 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... see more

TSXV:SMY - Post Discussion

Search Minerals Inc > 7000m + 43101 + PEA = $1.00??
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Post by Dariusz on Oct 19, 2021 1:32am

7000m + 43101 + PEA = $1.00??

7000 meters drilled!! That should double our resource estimate or perhaps more. There is a 43-101 already done and the new one due out by the end of the year will show the increase accordingly. And then the PEA by Q1 in 2022 should have amazing financials considering the resource increase (min x2) reduced refining costs due to their methods and increasing market prices for Rare Earths. I'm surprised that this is still sitting at 15 cents. Deserves 30c minimum. With the drill results due out any moment + 43101 + PEA this should rival Appia in SP so around 70 cents. Next few months should be very exciting here.
Comment by Surprise on Oct 19, 2021 7:24am
Buy out soon!!!
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