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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 23, 2011 12:18am
273 Views
Post# 18325987

RE: Hate to admit it flubber may be right

RE: Hate to admit it flubber may be rightThe lack of  results are making the market nervous and the share price has taken a beat down. I think there are too many shares circulating. I think future financing may require that Slam have a tighter share structure via a consolidation (knock on wood it does not happen).  Is this the reason for letting the share price dip to 11.5 cents and below?  I'm not a chart analyzer but we seem to have flat lined at this level. With no immediate intervention/response from management, we may hit the flubber's 7 cents.  It is easy to make the argument for consolidation at that level.

Here's to stellar results and back into the 20s and beyond!
Bullboard Posts