Searchlight Resources Inc (SCLTF)

[sweetpepperjam]

No harm done... IMHO

They have stricter guidelines and higher standards to adhere to on the TSX for top tier companies. The company updated their disclosure on their website and the eblast... I'm glad there is a commission to review these items.

It's not a PR we want to see out of the gate, but they cleared up the issues and are back on track.

Now they need to work with their brokerage firm on bringing more investors to the table. This should have been taken care of prior to the TSX listing.

Plenty to look forward to..

1. Marketing campaign targeting brokerage houses in Canada.
2. 3-5 drill units on site.
3. Hiring of new geologist for site management.
4. Property reassessment of core samples for value.
5. Pre-feasibility study.
6. Feasibility study.
7. Production
8. U.S. up-listing to AMEX
9. Acquisition of neighboring properties w/ significant resources around existing site in near future.