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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 8CHPLon Feb 02, 2006 12:57pm
277 Views
Post# 10288336

Smoke and Mirrors.

Smoke and Mirrors.I've been in this for several years. The value of the stock should be about $1.50 to $2.25...do the math. On top of that Nash Creek details so far show only a fraction of what is there..so stay long. The board was in Vancouver last week at the explorers / investors show. So they have had a meeting with one of the biggies (maybe Tech: rumour has it.) As SLX can not build a mine by themselves, and certainly the President is a geologist (not a company builder) then they need a partner: with deep pockets...There is no love for Naranda, Falcon or Inco (I suggest.) This would also go hand in hand with the other great opportunities in NB. This going to be a GREAT year for NB. YOU HEARD IT HERE FIRST!! So think about 1. a SXL drilling program, and 2. trial open pit mining this year to verify the materials for smelting. This is still early days and the motion is STARTING to move. My guess is a ramp up over the summer of the stock to the above prices $1.50.If anyone can get SXL at these prices, meaning the biggies, then they have a h@## of a deal. This is a $5+ stock. So...HOLD, but do not sell!!!!
Bullboard Posts