Search Minerals Inc. (SHCMF)

[chico237]

MB-Happy New Year to you as well! Search has got the "CASH" in hand to complete a PEA & for the Pilot Plant/work force training to prove out separation to "Scale". (They have access to draw on more $$ "IF" needed & USARE is in the "wings" watching with a small position in the company already!)
Like Niocorp -Search minerals is waiting for that NI-43-101 REE market compliant report so they can merge both Fox Trot & Deep Fox resources into a new PEA early in 2022. (This should be exciting as I expect close to 1B$ U.S. valuation with robust NPV on the combined assets which are only a small part of the entire resource. A CapEx of <150$M, & mined via OPEN PIT would generate similar numbers to Round Top of @$150M/year pre tax. Means they can pay off the mine in <2 years. IMHO)
I fully expect some good things from both Niocorp & Search Minerals in the first quarter of 2022! At the current price for both. (Each could go to 10x current by 2023 IMHO/speculation)

Here's to the New Year mon ami!

Chico