Searchlight Resources Inc (SCLTF)

[pmunch]

This drop may be him selling , not friendly to the company

He only has 224,267 left ... likely a lot less since he has sold more IMO


Yates James Ernest (Reporting) CIK: 0001462279 (see all company filings)

James Yates Director

Mr. Yates has over twenty five years experience in the mineral exploration industry and has served as a director and officer of several public mining companies. From 1982 to 1988 he was the Founder, President and Director of Hycroft Resources who successfully brought the Crofoot Mine into production. Mr. Yates has overseen the corporate management and financing of a number of projects in North America including American Bullion Minerals, Zappa Resources, and Jersey Goldfields, having raised in excess of $20 million for mineral exploration development. Mr. Yates is currently a director of ESO Uranium Corp. (TSX-V: ESO), a mineral exploration company focused on uranium exploration, and Nevada Geothermal Power Inc. (TSX-V: NGP), a company engaged in producing geothermal electrical power from geothermal resources in the United States.

Type: 4 | Act: 34 | File No.: 000-33189 | Film No.: 12520891

12/23/2011 S 5,000 D $0.11 (2) 324,167 (1) D

12/30/2011 93,900 D $0.13 (1) 230,267

01/03/2012 S 6,000 D $0.13 (1) 224,267

http://www.sec.gov/Archives/edgar/data/1462279/000153412212000003/0001534122-12-000003-index.htm

http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001112706&action=getcompany