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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 Honkeybillon May 11, 2010 10:26am
337 Views
Post# 17084148

I'm content to let this play out

I'm content to let this play out    I'm long on SXL..........bought some at 3 cents, some at 2 cents, some at 7 cents and will add more to my position at anywhere under 10 cents over the next 6-8 month period.

    I don't really want Mike to spend any money on promotion.......spend it on drilling.......every nickel on drilling and exploration.

    I think Mike does a good job. Promotion isn't really his area of expertise, but really, we have a chance to buy into this over an extended period of time at undervalued prices. He's not concerned at all with the daily stock price.....nor am I (unless it hits 2 cents again........then I empty the ashtrays and search the couch and put every single spare dollar that I have into this).

    The most bitching is coming from the day traders......they need a 2 or 3 cent swing on a 7-8 cent stock every couple of days to make any money.

    I really don't think this is a quick money play............I do think it's a big money play that you have to be patient with.

    My thoughts.......it's all your own money, do your own thing.
Bullboard Posts