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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 cartach13on Jan 20, 2011 12:57pm
445 Views
Post# 18002439

Down Day Everywhere

Down Day EverywhereAll of my stocks are down [20 companies] and a couple just reported real good news. If you're watching what's going on out there all stock markets are selling off and the main reason is China's just reported GDP of plus 10% which has raised inflation fears. Compared to some of my other stocks I'm surprised that SXL has not gone down further today and the reason for this is the good news reported in the NR. Also in regard to a couple of questions raised in regard to why the NR release today, isn't Mike attending a conference this weekend in Vancouver? If so then it's better he puts out a release, especially  a positive one just prior to a Canadian mining conference than wait till world markets are just right. I mean we're talking about SXL here,not about the price of tea in China.  I can see the general selloff continuing tomorrow particularly with a weekend coming up and maybe into next week and SXL may go lower if it's dragged down. I sure don't like it but that doesn't mean that the fundamentals have changed or Joe is having another selling orgasm and I fully expect SXL will gain any lost ground as expected positive NR's keep priming the pump. 
Bullboard Posts