Slam Exploration Ltd V.SXL

Alternate Symbol(s): SLMXF

Metals & Mining Industrial Metals & Minerals

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.

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Slam Exploration Ltd

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Comment by Peoples_Champon Jul 29, 2010 4:04pm

272 Views

Post# 17308279

RE: RE: RE: Played

If they keep the price down, is that not like putting an axe in their own foot. Today price is 9 cents. 9 cents x 30 million shares that they own is $2.7 million. If they allow the share price to go up, say to 33 cents, that $2.7 million investment becomes $9.9 million. A difference of $7.2 million. The way I see it, it is in there best interest to let the share price go up if that is what market is trying to do.

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