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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 calabogieon Mar 04, 2008 10:12pm
105 Views
Post# 14597066

RE: Stock Options

RE: Stock OptionsI fully agree, hh! I'm not sure who pees in miner's cornflakes daily, but he regularly seems to see the glass 1/2 empty. SLAM is working to develop an open pit mine, but it's not fast enough for miner. We hire qualified industry personnel, but we're giving that person options priced too cheaply according to miner. The fact that SLAM has retained the services of someone like Mr. Yates is very positive. I don't believe that someone who has specialized in mineral economics for 40 years with Cominco would join a junior resource company unless the development of a mine, where his skills and knowledge can be used, was all but certain. As for the options? You're right, I don't care. Management needs some form of enumeration, whether it's cash or options. I'd prefer to keep quality personnel. We're talking 275,000 shares at $0.13, with the stock now at 0.15 - OOH! Again, this was a good news announcement today! Try to actually enjoy it, miner. Oh, good luck trying to short a $0.15 stock by the way.
Bullboard Posts