Replies to post #670 on 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?

[gitreal]

What do you think, Cosmic, do you think SRCH is sustainable at the new low closing price of 33 cents? How are these guys going to "feed the bear" (their management and board of directors)? Those boys have gotten very accustomed to their annual compensation for doing such wonderful testing year after year.

Maybe someone who doesn't get what they feel is due to them will roll over and expose this fraud for what it is.

Or maybe they can go on a PR blitz and suck in a new round of investors?