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Re: searchlight post# 4082

Saturday, 05/16/2009 9:16:55 PM

Saturday, May 16, 2009 9:16:55 PM

Post# of 7026
From the 10Q, page 6:

The Company’s primary mining property asset is the Mineral Ridge mine, located in Nevada. Management’s near-term goal is to develop a feasibility plan and obtain financing through a joint venture or sale of all or part of its interest in the mine based on the potential for profitable production of gold and silver at Mineral Ridge.


http://www.nasdaq.com/asp/quotes_sec.asp?symbol=GPXM&selected=GPXM&page=filings

Thus, it is beyond rumor, anything is possible when a company has to consider all options, in an economic winter. The buzzards have been circling since November, really nothing new to consider selling MR.
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