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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 mallgirlon Aug 21, 2009 11:23pm
438 Views
Post# 16240141

RE: RE: This is Real!

RE: RE: This is Real!Exactly WK.  I'd definitely say that even $0.10 is on the low side.  SLAM has a 9 million tonne (indicated and inferred) zinc-lead-silver deposit amenable to open pit mining, near infrastructure.  It has several other quality base metal and gold properties, all with quite significant grades.  The Costigan property, for example, hosts quite similar grades, thicknesses to Nash.  In fact, Mike Taylor, CEO, stated in the past that Costigan could very well be a company maker.  I guess what I'm trying to say is that given these deposits and properties, it's trading at a ridiculous valuation...and has done so for years.  I'm not sure what today was but hopefully the activity continues next week and we actually develop some momentum.
Bullboard Posts