Searchlight Minerals Corp. (SRCH)

[gitreal]

The proven ties between this company and documented scammers (Matheson, Agers, Gunnison, etc.) is enough to condemn this as a scam.

The lack of true technical documentation (PRs and quarterly reports do not count as technical reports) is enough to condemn this as a scam.

The historical mining and smelting records are enough to condemn this as a scam. There is no way that the slag is higher in gold by 10-fold than the original ores were.

Three strikes, they're out!

And you are right, the process would need to have environmental permits. They could certainly get those permits, so I don't see that as a deal-killer. But, I doubt they are concerned with permits, because they know they will never have a need to get them, if you know what I mean.

I am just curious how much longer they can keep this thing going before they make a fatal mistake and get shut down? Another 7 years? I wonder what the record for mining-related scams is?