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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 LuckyVPon Jul 23, 2012 8:05am
196 Views
Post# 20141230

RE: RE: effects of rollbacks

RE: RE: effects of rollbacks

Rollback is because of the failed gold drilling program at RC.  Slam was mortgaged with low financing and many cheap shares being issued.  The vast majority of these shares are in the hands of retail investors. Even when it seemed Slam was putting out good news, high volume would occur and the share price would drop a penny or two.

After the first financing, current Slamheads will loose their equity in the company. New story trying to be told about gold in NB.  Will it get any traction?  It depends on how good are the the story tellers.

You are all need to be mocked for believing it.

Bullboard Posts