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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 rockhead1on Aug 25, 2010 6:35pm
369 Views
Post# 17383744

RE: RE: RE: please, please go down

RE: RE: RE: please, please go downYes, I'm quite aware of it.  I'm also aware that they did considerable analysis of Slam's properties/deposits in their 28 page report, as well as comparisons with other similar companies to derive their 0.33 target.  So, I'd disagree with you that it is meaningless. 

As others have said here, simply comparing our properties, deposits and results from them with other companies that have produced similar results (and in many cases not as good), Slam is currently considerably undervalued, and would have to increase 3-4 fold to have a similar market cap as these high profile cos. that we often receive notice about in our inboxes.

0.33, maybe a meaningless target, I guess.  How about 0.43?  More meaning?
Bullboard Posts