Searchlight Minerals Corp. (SRCH)

[gitreal]

Annual report - no gold, and more testing. Same old, same old.

Only this time, they estimate they need $7 million to do the next year of testing (bankable feasibility study, sure, no problem - LOL). That amount of dough ought to keep their consultants fat and happy (and quiet), and pay for their BOD salaries.

How are they going to raise that kind of money? Maybe they can raise the lease amount for the Verde Valley Railway, or charge the Town more to dump their treated sewage on their land. Or, raise the A/S?