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Bullboard - Stock Discussion Forum 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... see more

TSXV:SXL - Post Discussion

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Post by mlmack on Apr 23, 2021 8:59am

PS

The fact that SIZE paid the second anniversary traunch of 1 million shares in February is very positive. They released a very ambitious exploration program for Skaergaaard yesterday, I'm sure they are looking at alternatives to cash to pay SXL.
Comment by zzstocks70 on Apr 23, 2021 9:41am
What else does SXL have going for it besides owning shares in SIZE?
Comment by DarkGreen on Apr 23, 2021 10:23am
Menneval property which has samples with 4000/gm/t au ,which will be drilled this year , Lewis Brooks property which produced a core grading 1100gms/t of ag , Unicke property that is adjacent to Atlantic golds property. They hold a royalty on the CNX silver property . That is just a few irons they have in the fire but , I suggest you view their website . Might I also add a very small float with ...more  
Comment by zzstocks70 on Apr 23, 2021 10:25am
What is the insider ownership? And how much cash do they have? Financing required? Thanks!
Comment by DarkGreen on Apr 23, 2021 11:57am
management owns 23% , but I have been told over 40 % is in the longs hands . They had 440k in the bank as of Dec 2020 . I feel they probably will have more cash after they do some JV's .
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