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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 GarryJan1on May 18, 2018 3:06pm
241 Views
Post# 28054186

Answers from the Company

Answers from the Company
Hi Mike.
 
As a shareholder of Slam I would like to ask a few questions.
 
1. In your recent video you said Slam would be making efforts to mobilize on properties in Spring. We are now Mid May. Can we expect an NR soon to that effect ?
 
2. What is the cash position as of May ?
 
3. Is a financing being planned ?
 
4. Will the company be consolidation the shares EG roll back ?
 
5. In recent news Mackie was hired at $3,500 per month as Market Maker.  As a trader I am able to see all the trades and available shares on a platform I pay for and do not understand what purpose they serve. I know they are supposed to buy and sell shares to create liquidity but there already seems to be plenty of shares from various brokers in both the Buy and Sell sides. Can you please explain exactly what it is they do and how that may contribute to shareholder value ?
 
6. I would appreciate any other information you are able to entrust me with.

Answers from Mike Taylor.


On Fri, May 18, 2018 at 11:39 AM Mike Taylor <mike@slamexploration.com> wrote:
  1. Yes.  Soon.
  2. Our financials will be out soon.
  3. No financing planned.
  4. No consolidation or rollback planned.
  5. The work Mackie does will be helpful once we get some momentum.
 
SLAM was very active acquiring properties in 2017.  We built a large land position with 15 projects in the Bathurst Mining Camp.
We have been compiling data from previous work and have roughly evaluated these projects.  Most of the projects have some mineral indications from previous work.  A couple are fairly advance with a fair bit of drilling although none are at the 430101 stage.  We are making plans for a summer program and we will soon be in a position to announce our intentions.
 
For additional information, do not hesitate to contact the undersigned at 506-623-8960.
 
Regards,
 
Mike Taylor, P.Geo
SLAM Exploration Ltd.
295 Hutchinson Dr.
Miramichi, NB E1V 6C7
 
Bullboard Posts