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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 Sep 19, 2008 10:21pm
405 Views
Post# 15471801

RE: $0.04 WHAT

RE: $0.04 WHATI don't see any golden rabbits anytime soon though I'd accept a little magic at this point.  As long as I've been following SLAM, for whatever reason the stock price never seems to respond significantly to any news.  And news in my opinion has generally been good.  The big runup to the mid 20s last spring was not following any drill results, but was following the financing.  The company just never seems to get the recognition or traction that many others do (but not in these markets) with lesser results.  And now we're faced with current market conditions!

As an aside, there was an interesting article in The Globe today about how explorers are handling the present weak conditions.  Pacific Rim Mining that has 2 mil. in the bank recently laid off half its office staff including the receptionist, chief financial and chief operating officers.

Well, here's hoping we can surge beyond  six cents next week.  Man, 6 cents!!!  I guess on the "bright side" it's 50% higher than the $0.04 that we hit today.
Bullboard Posts