Searchlight Resources Inc (SCLTF)

[crossbow]

Bob at CNYCF has told me before that I could post anything he sends me. I thought the info below was important enough to post on IHUB, due to the lack of information that we have been given recently. I received the email below yesterday from Bob:



Hello John,

Things are going well with CNYCF. We had a number of meetings this week internally, with the Board of Directors, and other "parties".

As I have mentioned in the past, we are evaluating a number of different possibilities in moving forward. The intent is to move things forward with being as least dilutive as possible, all while trying to bring as much shareholder value in. (which is difficult in today's markets)

My opinion (that has been verbally said to the management) is that we have ideas and potential options on the table, we need to do something. Let's choose a path that we can all agree on and start that process. The markets as a whole haven't been very forgiving to us or most of the resource sector companies but we (Canyon Copper) do believe that now can be an opportune time to reposition and focus on our goals.

As you know, we are all shareholders and do have a vested interest in the Company and are doing everything we can to try to bring as much value to the company as possible.

I'm pushing for all of us to get things rolling faster here.

I'll keep you posted.

All the best,

Bob