Searchlight Resources Inc (SCLTF)

[sweetpepperjam]

Very slow progress. I've been waiting for 1.5 years for them to start work on any of their properties. I'll feel like a kid in a candy store if they ever do.

Who knows why they decided to wait until summer and LATE 2012 to start their(PROPOSED)drill program when they should of started it some time last calendar year.

You know how long it took them to update their last resource estimate. Don't expect these to be any quicker.

Glad they are moving forward, but check out the companies the 2 guys are associated with they just hired and you will see we are trading higher than them.

Patience... Funny how people were throwing this word around last year when investors, including myself, were asking WTH was going on behind the scenes. Now we've gone from over .40's to under a dime. To each their own. I decided to stick it out of my own free will. I will try to average down once this hits bottom.

I don't know what will draw new investors to CNYC in 2012. 2013 is only 8 months away. 2013 could be a good year for this company if all goes as planned.

They have money in the bank so let's hope any new financing deal favors us shareholders.