I posted this on another forum, partially in light of comments made by another participant; however much of the content pertains to SLAM and its fundamentals so I thought I'd post it here as well. Take care.

Here's a few random thoughts to finish off the week. Let me preface my comments by saying, I am a geologist (as most know) not an economist. Who knows where the markets/world economy is heading or for how long? I'll leave the "economic predictions/analyses" up to the Sherry Coopers and Jeff Rubins of the world. They can make the bold predictions and then alter their predictions based on the latest economic data, predict again...and so on. I've always wondered why don't they just give a monkey some darts and charts. They'd probably be just as successful. Sorry if I've offended any monkeys!

Having said all that, here's a few random musings as related to SLAM.

1. More Than A Zinc Company - SLAM holds a suite of diverse properties (20) with essentially 6 key properties: 3 being base metals and 3 being gold. SXL is much more than a zinc play, though zinc is undoubtedly the main metal component in their base metal properties. So often, the other components are either "gravy" adding to the bottom line or it is them that makes the projects feasible.

2. 6 Key Properties - Undoubtedly Nash Creek is SLAM's flagship property, with a resource targeted at approx. 15 million tonnes. Recently, the co. stated that the Costigan property itself, where they are currently drilling, could potentially alone be a "company maker" - their words. At the very least, they hope to outline additional resources to add feed to a potential mill at Nash. In addition to the zn-pb-Ag intercepts, Costigan also contains zones of copper and gold mineralization. The company also hosts three great gold properties with huge potential - Reserve Creek, Opikeigan/Fort Hope and Jake Lee. All of these properties have returned gold values greater than an oz. gold per tonne and as high as 8-10 ozs. gold per tonne. We currently await results from Costigan and Opikeigan/Fort Hope.

3. Current Zinc Lows - This is where I truly don't understand the "naysayers". Maybe I'm a bit of a contarian. With zinc mired in the $0.70-$0.80 range, now is the time to delineate their deposit, outline resources and complete scoping/feasibility studies, not when zinc is at record highs! All of this work can now be done so once metal prices do rebound, SLAM will be positioned to take advantage of them - if they are not already mining by then. I mean...those juniors that went to 52 week highs on the acquisition of potash and coal properties at their peaks (materials they had never explored before) are now back at 52 week lows. These are the same cos. that chased uranium plays previously. Seriously, but i digress again!

4. Nash Infrastructure - speaking of feasibility studies, It's rare for a company to have infrastructure so accessible. This for many cos. is what dooms feasibility of their projects. Having huge resources in Nunavut or some remote Southern Pacific island does not equate to a profitable mining operation if the costs of power, transportation, etc. are out of realm. Nash has a major highway, railway and power lines across the property. This and the deposit's amenabilty to open pit mining make Nash Creek quite attractive.

5. Financing - the co. recently stated that it had over $2 million in the bank. I trust that Mike can pull a few more rabbits out of his hat. Remember the last financing was 30% higher than the sp at the time. Financing will be much less difficult with a bankable feasibility study too.

6. Sir John Templeton - In the words of Sir John, "Buy low, sell high"!

7. Small Caps and Sir John - Like I said in the outset, I'm no economist, but I do know that small cap indices outperform their larger cap "brethren" over time....and remember the words of Sir John... Well, I think that's about it for now. I'm sure I'll think of something after I post this...Oh well.

Have a great weekend, everyone!