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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
Post by LuckyVPon Sep 26, 2011 9:38pm
256 Views
Post# 19086570

Xstrata, TWD, DGC

Xstrata, TWD, DGCHasn't Xstrata announced they will be winding down their NB operations and is that why they have shown no public interest in Slam?   You'd think that they would make their entry point at 5.5 cents if they changed their plans.  They can buy all of Slam (and the pumpers) for under $15 million and option off the Ontario properties.  Not a bad deal! 

TWD got finally taken out for what the CEO had predicted to me last year the offer would be.  DGC was the only suitor but in this case was really interested in TWD's million plus announces of gold.

LuckyVP
Bullboard Posts