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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 LuckyVPon Mar 07, 2011 5:08pm
349 Views
Post# 18246881

RE: RE: RE: Dominick and Dominick

RE: RE: RE: Dominick and DominickWhat is interesting is that JDM may have sold it down to the 12-13 cent level to faciliate the deal.  Why 12.5 not 20.5?  I don't think SLAM could have handled selling on the open market much longer.  We would have been at Flubber's 7 cents or below.  JDM milked SLAM for all its worth right now, from selling millions in the 20s down to his final millions at 12.5. Interesting that some of those 21 cent warrants were exercised last week. 

One more thing, guys that invest multi-millions in a highly speculative play don't follow logic.  That is why they have made millions/billions.  I wonder what JDM told this new investor about SLAM? 
Bullboard Posts