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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 mallgirlon Oct 27, 2010 7:55pm
390 Views
Post# 17621213

Forum For All

Forum For AllThis is a free forum for all to speak.  I have no problem with anyone expressing legitimate concerns about the company, especially sydenham.  He has probably done more for SXl than any other individual who posts here.  Simply telling him to sell if he's not happy, accomplishes nothing.  Why not address or discuss his concerns.  They are valid.  This will happen. 

How will it affect the sp or the response in potential share price movement if there's an additional 20 million shares that become active in the New Year?  Personally, I really don't know.  They got these shares for 11c.  I'm sure there will be a variety of responses depending on the amount of shares the individual already holds.  Have the warrants already been exercised as well?  I don't know because that would be additional shares as well.  I'm sure that it will slow appreciation, more than if they weren't overhanging, but hopefully it's limited. If results are very strong, we may not even notice it, as long as volume is strong.

I guess we'll see in the next few months.
Bullboard Posts