RE: SLAMtastic!!!I don't think anyone can criticize the properties Slam holds. The potential is huge for them to become mines. I'm holding long because "the end will justify the means". For exploration companies, the means is daily survival. Imagine everytime you needed to renew your mortgage you had no other option but to deal with loan sharks? This seems like a dirty business.
Did Slam and Joe have a "wink-wink" agreement to keep churning out news releases for the financing? I don't know and I don"t care!
Have the news releases dried up because someone new is accumulating at basement prices? I don't know and I don't care!
I had a pretty good chat with the management at PDAC. I was told that the person who bought the millions of shares does not usually loose money on his investments. The investor did his own DD on Slam and then bought.
I trust Mike and the Board will make whatever decisions necessary to advance the properties. If you don't have the same faith, I hope you move on to another company.
One more thing...the $5 million in the bank will be burned really quickly during the summer and fall 2011 drilling programs. Guess who we will be jumping back into bed with next winter?
The end wil justify the means!