Search Minerals Inc. (SHCMF)

[chico237]

As Market Focus on Rare Earths Intensifies, Search Minerals Proceeds on Path to Production
https://investorintel.com/markets/technology-metals/technology-metals-intel/as-market-focus-on-rare-earths-intensifies-search-minerals-proceeds-on-path-to-production/

The Company has a plan to be ready to build their full-scale rare earths processing plant by the end of 2023 and once complete become a North American rare earths producer (potentially by about 2025 provided all goes well). Prior to reaching full scale production, the Company plans to operate a demonstration plant in 2022.The Company is Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search”). Search controls properties with rare earths in three areas of Labrador, Canada. These are:
The Port Hope Simpson (PHS) property (flagship)
The Henley Harbour Area in Southern Labrador
The Red Wine Complex located in Central Labrador, plus some recently agreed acquisitions

Excellent article.... as USA RARE EARTHS & CANADA are already in collaboration with SEARCH...the story just keeps getting brighter...! Updated PEA later this year followed by pilot plant & beyond. SEARCH is one of the few Canadian REE companies this far along & with the right partners... OPEN PIT

If successful Search Minerals (US$55 million market cap) can begin to follow in the giant footsteps of Western rare earth majors MP Materials (US$6.24 billion) and Lynas Rare Earths (US$3.92 billion). As you can see successful Western rare earths miners command very significant size market caps.

(Again 10x current share price in two years is not out or reason...
All IMHO & do your own DD & form your own conclusions!)

Chico