Searchlight Minerals Corp. (SRCH)

[gitreal]

Yes, Arrakis consists of "real people". But, if you research further, they seem to have numerous links to other mining scams in the Southwest including a pretty long-running one in New Mexico. They are either unwitting dupes, or more likely, they have found a niche with mining scams providing various metallurgical services. I am sure the pay is good.

The "Australian Testing Firm" is not real in my mind until they release who it is. As far as I am concerned, it is completely bogus until proven otherwise.

My main point, however, is not about who SRCH's consultants are or whether they are legitimate or not. It is the fact that SRCH has never released any actual data in the form of a third-party report by a single one of these consultants. No actual data or report = scam. They can test forever, and keep claiming good results, but no report = scam.