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Slam Exploration Ltd V.SXL

Alternate Symbol(s):  SLMXF

SLAM Exploration Ltd. is a Canadian junior resource company holding a portfolio of gold and base metal projects. The Company is engaged in the acquisition, exploration and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. The Company's projects include Mine Road Project, Menneval Gold Project, Ear Falls Lithium Project, Jake Lee Gold Project, Highway Gold Project, Keezhik Gold, Dam Lake Project, and others. The Mine Road Project is a significant addition to its portfolio of wholly owned BMC projects that include Goodwin, O'Hearn-Strachens, California Lake, Lower 44, LBM, North Rim, Portage, Satellite, Nine Mile, and Red Pine. The Highway project has demonstrated polymetallic potential with 10 known mineral occurrences that include zinc, silver, copper, cobalt, molybdenum and tin as well as gold. The Company holds NSR royalties on the Wedge copper zinc project, Ramsay, Reserve Creek, and Opikeigen gold projects.


TSXV:SXL - Post by User

Bullboard Posts
Comment by sydenhamon Oct 07, 2010 5:12pm
355 Views
Post# 17542489

RE: RE: insider selling

RE: RE: insider sellingThat's all I see to is the exercise of 67,000 warrants that occurred Oct. 4 (checked both SEDI and canadian insider). 

Regardless, like griffith? said this morning, if some of management is taking some profits, more power to them.  They've toiled over the last several years, acquiring these properties and developing to the stage they are now, and did so through a global recession with the stock at 0.0015!  Why wouldn't they take some profits at these levels, the highest the stock has been in about 3 years.  They deserve it. Oh, Mineralfields sold over 400 k a few weeks ago at 11 or 13 c, I can't remember.   Just in case you want to consider that transaction too.

 Personally I put more weight in insider buying than selling. 
Bullboard Posts