News Focus
News Focus
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Belgie24

05/16/09 9:16 PM

#4083 RE: searchlight #4082

From the 10Q, page 6:

The Company’s primary mining property asset is the Mineral Ridge mine, located in Nevada. Management’s near-term goal is to develop a feasibility plan and obtain financing through a joint venture or sale of all or part of its interest in the mine based on the potential for profitable production of gold and silver at Mineral Ridge.


http://www.nasdaq.com/asp/quotes_sec.asp?symbol=GPXM&selected=GPXM&page=filings

Thus, it is beyond rumor, anything is possible when a company has to consider all options, in an economic winter. The buzzards have been circling since November, really nothing new to consider selling MR.
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sturgman

05/16/09 9:18 PM

#4084 RE: searchlight #4082

Yes let's think about this. The deal has not fallen through.
Therefore, you were 100% wrong. This would have been a material event that would have been reported on. Every junior is always exploring the possibility of a JV or the sale of a property if the price is right. There is a big difference between that and putting a property on "the auction block". You are putting out blind rumors that are stated in a negative fashion. Just because you throw out words like heap leach and the names of Rob and/or Dave does not make you any more legitimate. Finally, I won't waste my time trying to prove my personal due diligence to you, I am sure it would be a waste of time.
Nice 'tude btw.