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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 billwhiteon Nov 10, 2011 7:58pm
201 Views
Post# 19228302

RE: RE: RE: 6 posts today

RE: RE: RE: 6 posts today Nice theory king, but, dumb,dumber and dumbest are not shorting the stock. Yes the wall in no doubt theirs or D&Ds, one in the same, but that wall is in place and used for accumulation. Shorting a penny stock? No? Shorting stocks have to be on an uptick, 3 days to cover and you need sellers to follow and we have no sellers as of lately. 1.3 million shares have traded in the last 2 weeks, slightly over 400K shares were bought between 7-7.5 cents . So if shorting for a gain of 0.5 cents on 400K shares that is a pathetic $2000 dollars. Now they wouldn't be the only buyers at 7-7.5 cents. So your theory I think is flawed. More Like accumualtion awaiting the big move.
Bullboard Posts