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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 billwhiteon Jan 28, 2011 8:46am
507 Views
Post# 18039369

warrants

warrantsLets say I have 1.5 miilon 15 cent warrants.  I would not flip them for pennies on the share.  I would wait until the JV or buyout comes and then exercise them just before the deal closes.  For this reason, this is why joe (flubber's pimp) was interested in the 1/2 warrant placements at 25 cents.  No need to tie up cah when you have warrants.

If these warrants or prior warrants are about to expire, I would exercise them if they are in the money and sell off any shares if i am above regulation holdings.  Since no warrants are about to expire, no need to have the share price high to exercise them.

So,  How would I make money now in the meantime ?  Drive the price down, create a panic and rid the stock of weak/shaky hands because when I want to drive the sp in the up direction, I don't want the nervous nellies selling out.  All this can be achieved by hiring bashers!!  Remember a bad stock is never bashed.  No money to be made there.
Bullboard Posts