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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

Comment by retiredcopon Jan 03, 2021 12:03pm
129 Views
Post# 32211509

RE:RE:Patience is key

RE:RE:Patience is keyRecent comment by Zacks on investing nin gold penny stocks... 

Nothing guarantees profits in any investment, but the potential to make money with penny gold stocks starts with finding well-run companies. A penny gold mining company should have the same characteristics of a blue chip company. The company needs to have an experienced management team in place overseeing the ongoing mining operations. The financials should be strong enough to attract investment capital that is used to grow the business. Although penny gold stock shares sell for $5 or less, that can quickly change if the company strikes gold or becomes an acquisition target by a larger gold mining corporation.
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