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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 billwhiteon Jan 13, 2010 10:25am
360 Views
Post# 16672940

slowly climbing!!!!!!!!

slowly climbing!!!!!!!!THis is great.  The way the stock is slowly forming a base for the next move is great.  Moving it up 1/2 cent at a time is classic, makes those that sold reconsider their position and think about buying in again for the next move.  SXL today is different than 1-2 years ago.  When news was released before, it found itself droppng in price.  Today with the momemtum, rsi, trends, mineralfield backing, xstrata's smelter's likely closing, perhaps being sold and other local properties being bought to feed the smelter, sxl is much different.  I wonder why would xstrata or someone else not consider buying up all the local juniors and feed that smelter.  If nash is open at one or 2 ends, and silver jacket open at any end??, not sure, don't want to reread all the posts , why not buy out sxl for 50 million and get close to a billion $ in revenue? May allow a few more years to the zinc porduction at xstrata.   You would think that the province or town of brunswick, bellefune etc would be pushing for something like this rather than the 500 plus layoffs.  Oh well.

bill
Bullboard Posts