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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 thestoogeon Nov 23, 2010 6:38pm
243 Views
Post# 17747723

RE: Problem

RE: ProblemI don't agree with your last statement that they can keep the sp down for a long time regardless of results.  Sorry, yes they could, but why would they?  I agree that at the moment there is some pressure but if they have a set target to sell, I'd imagine they'd want the sp to advance higher on positive news and gradually sell into that momentum.  In fact they might even help the movement along by actually buying to get past resistance and create more momentum that they could sell into.  Would they not want to sell at higher prices?
Bullboard Posts