Nice consolidation around .20/sh up from .16/range. Again I expect SHCMF to run higher upon PEA news into the .30's. Search Minerals will not take off until the F.S. &/or a "Partner announcement". Love the HALT-MB... got in and saw the news you had posted. Very cool indeed.
Catalysts now for Search Minerals a) PEA : 1st quarter 2022: (I'm looking for .30's range then. Remember this is a penny stock and some folks that bought in at .4 to .16 range will sell the news especially at years end!)
b) Pilot Plant news: Search still needs to prove out their separation at scale & begin to train a workforce!
c) Binding Contracts for REE's... Without Market Compliant Resource estimates/PEA/ might hold up the process? (A MOU with USA Rare Earths has been agreed to; however it is not a binding contract yet!)
d) Feasibility Study late 2022: The PEA will "Tell the Tale soon!" (I'm expecting a low CAPEX of less than @150M U.S. with a pay-back in 1.5 years. NPV of $1B U.S. & ERBITA of @$200M before tax. All speculation on my part!) IMHO: Search Minerals may also be seeking to PARTNER-UP following the PEA. USARE already has synergies with SHCMF & would make a very good fit moving into FINANCE. (I think Greg Andrews stated in an old video Search would look for a possible partner at some point, but do your own DD!)
Great time to take advantage of any dips because you will be paying more for shares in the NEW YEAR 2022. Even with the high share count many of the shares are in strong hands & I love the fact that so many small retail investors from the area are invested! Wouldn't that be great for the community in the years to come!? =) "Indeed!"
All IMHO & do your own DD. & form your own conclusions